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Central bank of the United Kingdom
The Bank of England (BoE) is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank, after Sweden's (1668). It is considered to be one of the world's "Big Four" central banks.
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By William Schomberg and David Milliken LONDON, Oct 8 (Reuters) - Governments need to redouble efforts to restore confidence in their public finances, Bank of England Governor Andrew Bailey said on
Andrew Bailey said economic growth and a quick succession of supply shocks can erode the public finances