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**Wmshyrga** · 10-14-2011, 07:48 AM

Interesting history of the Bank of England .

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http://the-tap.blogspot.com/2010/02/...f-england.html
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You ask the question, Who Owns The Bank Of England? to one thousand Britons, and I kid you not, all of them will say that it is owned by the Government.

They would be wrong.

The Bank Of England was originally a private bank, which contracted to lend money to the British Government in a financial crisis. It was privately owned at its foundation and remained so until the post-war Labour government nationalised it in 1946.

So it is owned by the government?

No.

10-14-2011, 07:48 AM	#15
Wmshyrga Join Date Oct 2005 Posts 494 Senior Member	Interesting history of the Bank of England . ############### http://the-tap.blogspot.com/2010/02/...f-england.html ############### You ask the question, Who Owns The Bank Of England? to one thousand Britons, and I kid you not, all of them will say that it is owned by the Government. They would be wrong. The Bank Of England was originally a private bank, which contracted to lend money to the British Government in a financial crisis. It was privately owned at its foundation and remained so until the post-war Labour government nationalised it in 1946. So it is owned by the government? No.
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