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

Born near Dumfries, in Scotland’s southwest, he traveled widely in the Caribbean and helped found the Bank of England.

From The Wall Street Journal

Sterling gained slightly against the dollar, but the currency’s post-budget rally was likely finished given the prospect of interest-rate cuts by the Bank of England, according to Morgan Stanley.

From The Wall Street Journal

The U.K. budget included inflation-lowering measures such as the freeze on fuel duty and lower household energy bills, which could encourage the Bank of England to deliver more interest-rate cuts.

From The Wall Street Journal

There is also hope the choices made will enable the Bank of England to cut interest rates further.

From BBC

Expectations for fiscal tightening also recently boosted bets for further interest-rate cuts by the Bank of England.

From The Wall Street Journal