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.
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The Bank of England has been issuing banknotes for over 300 years. There are over 4.6 billion Bank of England notes in circulation. Together they are worth about £82 billion.
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We start by giving you an introduction to the many areas of work around the Bank of England. You’ll learn the business and technical skills you’ll need as you start your career. You’ll have the opportunity to work with the firms we regulate to make them safer and sounder.
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Bank of England telephone switchboard - 020 3461 4444 (Monday to Friday, 9am to 5pm)
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Latest and upcoming releases from the Bank of England. Our use of cookies. We use necessary cookies to make our site work (for example, to manage your session). We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. By clicking ‘Accept recommended settings’ on this banner, you accept ...
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Please note: the exchange rates are not official rates and are no more authoritative than that of any commercial bank operating in the London foreign exchange market. GBP daily rates. EUR daily rates. USD daily rates. Daily spot rates against GBP
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There’s much to gain from working for the Bank of England - from being involved in career-defining projects at the heart of the UK economy - to receiving a rewarding pay and benefits package. Search our vacancies
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Bank 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.
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Official Bank Rate history; Discontinued series; Notes about our data; Bankstats tables; Bank of England Statistics
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The calculator uses the Consumer Price Index (CPI) as this is the measure used by the Government to set the Bank of England’s target for inflation. An alternative credible measure, which is the ONS’s lead measure of inflation, is the Consumer Price Index including Owner Occupiers’ Housing Costs (CPIH).
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