Bank of England

Question: Where is the Bank of England located?

Answer: Threadneedle Street It has been at its current location since 1734.

Question: The Bank of England was originally owned by shareholders. When did it come into public ownership?

Answer: 1946 It was nationalised by the post-War Attlee Government

Question: What was the motivation behind the setting up of the Bank of England in 1694?

Answer: To raise money to build up the Royal Navy

Question: The Bank of England is the second oldest Central Bank in the World. Which country has the oldest?

Answer: Sweden

Question: What is the nickname for the Bank of England, taken from a cartoon by James Gillray in 1797?

Answer: The Old Lady of Threadneedle Street (or sometime just “The Old Lady”)

Question: The American War of Independence created “good business” for the Bank of England. Who was one its shareholders during this period?

Answer: George Washington