Bank of England

Bank of England

Central bank of the United Kingdom

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank, after Sweden's (1668). It is considered to be one of the world's most important central banks.

Also known as...Governor and Company of the Bank of England
Business Europe
ECB and BOE hold rates

ECB and BOE hold rates The ECB and Bank of England kept interest rates steady but warned that the Iran war's impact on energy prices could necessitate future hikes.