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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

Example Sentences

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Other major central banks, including the US Federal Reserve and the Bank of England, have so far kept rates on hold as they assess the fallout from the conflict.

From Barron's • Jun. 8, 2026

Fitch now expects the Federal Reserve and the Bank of England will hold rates this year before resuming cuts in 2027.

From The Wall Street Journal • Jun. 5, 2026

However, it will be Bank of England governor Andrew Bailey who makes the final decision, not necessarily choosing the four animals that receive the highest number of public responses.

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

He made new contacts in New Orleans, shook hands with speculators backed by the Bank of England.

From "The Underground Railroad: A Novel" by Colson Whitehead

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