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Bookmark or Share- Interest rates and Bank Rate | Bank of EnglandBank Rate is the single most important interest rate in the UK. In the news, it's sometimes called the ‘Bank of England base rate’ or even just ‘the interest rate’. Our Monetary Policy Committee (MPC) sets Bank Rate.
- What does the Bank of England do?Founded in 1694, the Bank of England is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank’s mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.
- Bank of England - WikipediaThe Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based.
- Bank of England | History, Headquarters, & Facts | Britannica MoneyBank of England, the central bank of the United Kingdom. Its headquarters are in the financial district of London. It was incorporated by act of Parliament in 1694 with the purpose of raising funds to allow the government to wage war against France.
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