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

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Example Sentences

For the day ahead, the Bank of England is widely expected to follow the Fed’s lead in keeping rates on hold when it announces its latest policy rate later.

From The Wall Street Journal • Jun. 18, 2026

He argued the Bank of England company data offered important corroboration.

From BBC • Jun. 18, 2026

The Bank of England left its key interest rate unchanged Thursday and joined other central banks in responding cautiously to signs that the Strait of Hormuz may soon reopen.

From The Wall Street Journal • Jun. 18, 2026

"Alongside yesterday's softer inflation figures and the tentative agreement to reopen the Strait of Hormuz, this gives the Bank of England the final green light to vote for a hold this afternoon."

From BBC • Jun. 18, 2026

This is only true because this piece of paper has been issued by the Bank of England and is of the approved form.

From "The Invention of Science" by David Wootton