Bank of England

E3384

The Bank of England is the United Kingdom’s central bank, responsible for issuing currency, setting monetary policy, and maintaining financial stability.


Statements (50)
Predicate Object
instanceOf central bank
public institution
alsoKnownAs Old Lady of Threadneedle Street
buildingStyle neoclassical architecture (main London building)
city London
country United Kingdom
currencyCode GBP
designedBy Sir John Soane (historic rebuilding)
foundedBy Royal charter
foundingDate 1694
governingBody Court of Directors
grantedOperationalIndependence 1997
hasDivision Court of Directors
Financial Policy Committee
Monetary Policy Committee
Prudential Regulation Authority
hasReserveFunction manages UK foreign exchange reserves (with HM Treasury)
hasWebsite https://www.bankofengland.co.uk
headquartersLocation London
Threadneedle Street
implements quantitative easing programmes in the United Kingdom
issuesCurrency Pound sterling
jurisdiction United Kingdom
keyPerson Governor of the Bank of England
legalStatus wholly owned by the UK government
locatedInTimeZone Europe/London
memberOf European Systemic Risk Board (before Brexit-related changes)
monitors systemic risk in the UK financial system
motto “Lender of last resort” (descriptive role, not official motto)
nationalised 1946
oversees UK payment systems
owner HM Treasury
publishes Financial Stability Report
Inflation Report (now Monetary Policy Report)
regionServed United Kingdom
regulates banks in the United Kingdom (via Prudential Regulation Authority)
insurers in the United Kingdom (via Prudential Regulation Authority)
regulatoryScope macroprudential regulation in the United Kingdom
responsibleFor financial stability in the United Kingdom
issuing banknotes in the United Kingdom
monetary policy in the United Kingdom
prudential regulation of certain financial institutions
wholesale payments system oversight
role banker to commercial banks in the United Kingdom
banker to the UK government
lender of last resort in the United Kingdom
sector financial services
sets official Bank Rate
supervises systemically important financial institutions in the United Kingdom
typeOfBanknotes polymer banknotes (current series)

Referenced by (62)
Subject (surface form when different) Predicate
Andrew Bailey
Kenneth Grahame
Raymond Bonham Carter
Sir John Parker
Sir John Soane
Thomas Tooke
employer
HM Treasury
HM Treasury
Treasury of the United Kingdom
UK Debt Management Office
collaboratesWith
Cornhill, London, England
Mansion House Street
St Mary-le-Bow, London
near
Financial Policy Committee
Monetary Policy Committee
Prudential Regulation Authority
parentOrganization
Financial Policy Committee
Monetary Policy Committee
Prudential Regulation Authority
partOf
Old Lady ("central bank of the United Kingdom")
Old Lady of Threadneedle Street
appliesTo
Financial Policy Committee ("Bank of England, London")
Monetary Policy Committee ("Bank of England, Threadneedle Street, London")
headquartersLocation
Inflation Report
Monetary Policy Report
publishedBy
CREST
London Stock Exchange ("Bank of England (for market infrastructure aspects)")
regulator
Threadneedle Street
Threadneedle Street ("United Kingdom monetary policy authority")
usedAsMetonymFor
Bank of England Act 1998
allocatesPowerTo
Charles Montagu, 1st Earl of Halifax
associatedWith
Pound sterling
centralBank
Jersey pound ("Bank of England (for sterling area)")
centralBankFunctionPerformedBy
Financial Conduct Authority
cooperatesWith
Old Lady of Threadneedle Street ("central bank of the United Kingdom")
describes
Sir John Soane ("Bank of England (historic buildings)")
designed
Court of Directors
governs
Threadneedle Street
hasBuilding
Threadneedle Street
hasCentralBank
City of London
hasInstitution
Threadneedle Street
hasLandmark
Soane ("Bank of England (historic buildings)")
hasNotableAssociation
London
hosts
Bank of Amsterdam
influenced
Pound sterling
issuingAuthority
Threadneedle Street ("Bank of England headquarters")
knownFor
Pound sterling ("Monetary Policy Committee of the Bank of England")
monetaryAuthority
Portland stone ("Bank of England (parts of the building)")
notableUse
Sir John Soane
notableWork
Bank of England Act 1998
primarySubject
Financial Stability Report
publisher
Financial Stability Report
publishingOrganization
Old Lady of Threadneedle Street
refersTo
Queen Victoria Street
runsBetween
HM Treasury Select Committee
scrutinises
Bank Rate
setBy
Whig Party
supported
Bank junction
surroundedBy
Old Lady of Threadneedle Street ("United Kingdom central banking system")
symbolizes
Queen Victoria Street
terminusEast
Old Lady of Threadneedle Street
usedFor
Chancellor of the Exchequer
worksWith

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