The Bank of England

EAP APA Glossary Grammar Vocabulary Presentation skills

Summary writing skills: The Bank of England

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based.

Summation practice: The Bank of England


Established in 1694, it is the second oldest central bank in the world. The Bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946. In 1998, it became an independent public organisation, wholly owned by the UK Government’s Treasury, with independence in setting monetary policy.

“Keeping on an even keel: the role of the Bank of England” (7 short videos)

(1/7) “Money”

Source: The Bank of England (2013). Keeping on an even keel: the role of the Bank of England
Remember: press “CC” to turn “Subtitles” on

(2/7) “Prices”

(3/7) “Controlling Spending”

(4/7) “The Financial System”

(5/7) “The Money Go Round”

(6/7) “Keeping Confidence”

(7/7) “How the Bank Works”