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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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Still, gilts underperform U.S. and German peers amid jitters ahead of next week’s U.K. budget and a likely rate increase by the Bank of England in early November.

From The Wall Street Journal ● Oct. 22, 2026

At its September meeting, Bank of England governor Andrew Bailey said energy price volatility made it more likely that interest rates would rise.

From BBC ● Oct. 21, 2026

Following Wednesday's data, analysts increasingly predicted that the Bank of England would raise borrowing costs at its next regular policy meeting in November.

From Barron's ● Oct. 21, 2026

Yields on U.K. government bonds were steady after robust jobs data raise expectations for a Bank of England rate increase next month.

From The Wall Street Journal ● Oct. 20, 2026

The Bank of England and a syndicate of financiers were racing to raise a fund to guarantee Baring’s financial obligations.

From "The Devil in the White City" by Erik Larson

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