Archive for June, 2011

The Bank of England

The Bank of England plays a very important role in the economy of the United Kingdom.

Interest Rates set by The Bank of England

Probably the Bank of England is mostly in the news because it sets the interest rate for the UK. Each month the Monetary Policy Committee meets and decides what to do about the level of interest rate.

The Bank of England does more!

The Bank of England does much more than just set interest rates and the website for the bank will give you a lot of information about it.

You will see that they produce bank note notes, care for the economic security of the UK, monitor banks and more.

Here is the link to The Bank of England website.