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Bank of England

British  

noun

  1. the central bank of the United Kingdom, which acts as banker to the government and the commercial banks. It is responsible for managing the government's debt and implementing its policy on other monetary matters: established in 1694, nationalized in 1946; in 1997 the government restored the authority to set interest rates to the Bank

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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Five years later, he was chosen by a conservative British prime minister, David Cameron, to head the Bank of England, becoming the first foreigner to lead the institution.

From Barron's Aug. 25, 2026

Analysts said there were few signs of pay growth generating inflationary pressures, which meant it was unlikely that the Bank of England would increase interest rates in its September meeting.

From BBC Aug. 18, 2026

U.K. money markets were fully pricing in a 25 basis-point rate hike from the Bank of England by December.

From The Wall Street Journal Aug. 17, 2026

These could provide key signals on the prospects of the Bank of England raising interest rates later this year.

From The Wall Street Journal Aug. 14, 2026

He made new contacts in New Orleans, shook hands with speculators backed by the Bank of England.

From "The Underground Railroad: A Novel" by Colson Whitehead

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