Company
Bank of England
PRIVATE:BOE
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. The Bank was established in 1694 to act as banker to the Government. We are still owned by the Government, but we set monetary policy independently.
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FTSE 100 stays quiet at the close to finish just below 7,900
The FTSE 100 stayed fairly quiet by the close, finishing around 0.1% lower at 7,899 points
Chancellor mulls deposit insurance rise, warns of funding issue
Jeremy Hunt agreed with Bank of England comments that the UK’s deposit insurance scheme should be updated