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Wikipedia.org
Bank of England (Wikipedia.org)

The Governor and Company of the Bank of England (usually shortened to the Bank of England) is a state owned institution acting as the central bank of the United Kingdom, which convenes the eponymous Monetary Policy Committee that is responsible for managing the monetary policy of the country. It was established in 1694 to act as the English Government's banker, and to this day it still acts as the banker for the UK Government. The Bank has a monopoly on the issue of banknotes in England and Wales.

The Bank's headquarters is located in London's main financial district, the City of London, on Threadneedle Street, where it has been located since 1734. It is sometimes known as The Old Lady of Threadneedle Street or just The Old Lady. The current Governor of the Bank of England is Mervyn King who took over on June 30 2003 from Sir Edward George.

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The Bank of England's half a percentage point cut has been welcomed by PM Gordon Brown, as he met people feeling the financial squeeze. He also promised new measures to get banks lending again and ...
2m 54s |
11 hours ago
Sky News
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The Bank of England has warned the UK is experiencing a serious downturn as it cut the base rate of interest by half of one percent to 1.5 percent. This is the lowest level in the bank's 300-year ...
2m 36s |
13 hours ago
Sky News
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Bridgid Nzekwu
Interest rates in the UK have never been lower. The Bank of England decision to cut the base rate by half a percentage point to 1.5 per cent underlines its concerns about the state of the economy. ...
19 hours ago
Channel4 News
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Faisal Islam
It may not trip off the tongue, but "quantitative easing" is the phrase of the moment. It means the Bank of England will effectively print money and pump it into the economy, either through the ...
19 hours ago
Channel4 News
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8 Jan 09: Asia Pacific markets erase 2009 gains in single day - Sainsbury's celebrates best ever Christmas - Majestic Wine hit by falling sales - Bank of England set to cut interest rates again
23 hours ago
Telegraph newspaper online
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Bank of England cuts rate by half a percent.. MIG Investments Chief Economist Bill Hubard, 'Financial Darwinism' author Leo Tilman and CIO Curex Currency President & CEO Bill Dale discuss the half ...
6m 30s |
39 years ago
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The Bank of England has slashed interest rate from 2% to 1.5% , the lowest it has been since the bank was founded in 1694.
17 hours ago
BBC News
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Interest rates could reach their lowest point in the Bank of England's 300-year history if predictions of another cut are correct.
21 hours ago
BBC News
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