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Bank of England

The UK’s central bank. Responsible for maintaining a stable banking system by:

  1. Managing the currency, money supply and interest rates.
  2. Supervising commercial banks.
  3. Providing liquidity in times of crisis (lender of last resort).

The Governor of the Bank of England is Mark Carney. He is a Canadian banker and chairs the Monetary Policy Committee which manages monetary policy on behalf of the Government.



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