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

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Bank of England

Recent projections by the Bank of England suggest just over five million homeowners should expect their monthly mortgage repayments to increase by the end of 2028.

From BBC ● Jul. 23, 2026

“We expect the Bank of England to hold rates throughout 2026 before looking to cut rates gradually from next spring.”

From The Wall Street Journal ● Jul. 22, 2026

But in April, the Bank of England warned that disruption to global energy markets could push UK inflation as high as 6% in the worst-case scenario.

From BBC ● Jul. 22, 2026

The Bank of Japan followed a few days later, lifting rates to a 31-year high, but the US Federal Reserve and Bank of England have so far held off.

From Barron's ● Jul. 20, 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