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

Central banks including the Federal Reserve and the Bank of England had been expected to cut interest rates this year, but those plans have gone up in smoke as energy costs lurched higher.

From The Wall Street Journal • Jun. 19, 2026

Plus, Bank of England holds rates steady and investors keep requesting withdrawals from private-credit funds.

From The Wall Street Journal • Jun. 18, 2026

He argued the Bank of England company data offered important corroboration.

From BBC • Jun. 18, 2026

"Alongside yesterday's softer inflation figures and the tentative agreement to reopen the Strait of Hormuz, this gives the Bank of England the final green light to vote for a hold this afternoon."

From BBC • Jun. 18, 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