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.
Aliases (11)
- Bank of England (historic buildings) ×2
- central bank of the United Kingdom ×2
- Bank of England (for market infrastructure aspects) ×1
- Bank of England (for sterling area) ×1
- Bank of England (parts of the building) ×1
- Bank of England headquarters ×1
- Bank of England, London ×1
- Bank of England, Threadneedle Street, London ×1
- Monetary Policy Committee of the Bank of England ×1
- United Kingdom central banking system ×1
- United Kingdom monetary policy authority ×1
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)
→
|