Bank of England

Founded in 1694, the Bank of England, also known as the "Old Lady of Threadneedle Street", oversees the UK banking industry. The Bank first began establishing UK interest rates in June 1997. The main interest rate is known as the Bank's repo rate. It also manages the Government’s stock register, prints the country’s bank notes, and collects and publishes money and banking data to keep an eye on developments in the financial system.