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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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Reform leader Nigel Farage has called on X to act over a series of fake, AI-generated adverts which depict him fighting Bank of England governor Andrew Bailey.

From BBC • Jun. 9, 2026

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

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

The Bank of England has noted that generative AI introduces “fundamental changes” to the way data is used and has already significantly increased the size and complexity of the models it uses.

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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