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The Bank of England


Comment on The Bank of England

The Bank of England was founded by a Scot!!!!

Comment on The Bank of England posted 2006-02-13 by Lizzy from UK


Comment on The Bank of England

The Bank of England was founded in 1694 to act as the Government's banker and debt-manager. Since then its role has developed and evolved, centred on the management of the nation's currency and its position at the centre of the UK's financial system. The history of the Bank is naturally one of interest, but also of continuing relevance to the Bank today. Events and circumstances over the past three hundred or so years have shaped and influenced the role and responsibilities of the Bank. They have moulded the culture and traditions, as well as the expertise, of the Bank which are relevant to its reputation and effectiveness as a central bank in the early years of the 21st century. At the same time, much of the history of the Bank runs parallel to the economic and financial history, and often the political history, of the United Kingdom more generally.

Comment on The Bank of England posted 2006-02-05 by Jim Conner from Michigan, USA