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

The wildlife beauty contest gives the colourful kingfisher and common frog an equal chance of a place on the next series of Bank of England notes.

From BBC • Jun. 2, 2026

The Bank of England left its key interest rate unchanged in April, and some policymakers prefer waiting due to a fragile economy.

From The Wall Street Journal • Jun. 2, 2026

Last week Bank of England governor Andrew Bailey warned that UK banks were still unable to access Mythos to test the security of their own digital systems and apps.

From BBC • Jun. 1, 2026

The Bank of England can tolerate inflation that is above its target for a brief period of time, given the weak state of the economy, Gov. Andrew Bailey said Friday.

From The Wall Street Journal • May 29, 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