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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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Mervyn King has revealed that the Bank of England had to provide over£61.6bn in emergency funding to Royal Bank of Scotland and HBOS.
Yesterday
BBC News
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UK inflation looks likely to spike up in the short term, but will be subdued over the longer term, according to the Bank of England Tuesday....
12m 47s |
Yesterday
CNBC Video Gallery - CNBC.com
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"I think the FSA has done a really rather bad job over the years," Roger Nightingale from Pointon York told CNBC Monday. The Bank of England...
4m 3s |
2 days ago
CNBC Video Gallery - CNBC.com
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Sky's Jeff Randall speaks to former Bank of England policy maker,Professor Willem Buiter, about Prime Minister Gordon Brown's plea for a so-called Tobin Tax.
3m 0s |
2 weeks ago
Sky News
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The Chancellor Alistair Darling has defended the Bank of England's secret loans to RBS and HBOS.
8 hours ago
BBC News
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Nov 5 - GM is to slash 10,000 jobs across Europe as it restructures Opel and Vauxhall. The Bank of England extends its quantitative easing programme as the ECB leaves interest rates unchanged.
2m 10s |
2 weeks ago
Reuters
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The Bank of England was divided on its quantitative easing strategy in November, meeting minutes revealed Wednesday. Neil Michael from Londo...
5m 27s |
a week ago
CNBC Video Gallery - CNBC.com
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2 Nov 09: Asia markets slow - Oil and gold stay strong - Ryanair announces rise in profits
3 weeks ago
Telegraph newspaper online
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