The Bank of England is the central bank of the United Kingdom; the current president, since 2003, is Mervyn King.
The role of the BoE is to promote and maintain monetary and financial stability in the UK. Among the main activities: ensuring the distribution of the pound, lending to commercial banks and implementing exchange rate policies.
Business & Finance
When will the Bank of England cut rates?
The Bank of England also left interest rates unchanged, but what indications did it give about the start of cuts?
