We're the department for opportunity, mission-driven to break the link between background & success by delivering higher standards of education, training & care.
The Bank of England is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street
The Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”.
Our purpose today reflects that vision first articulated by our founders. Our mission: to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.
We enable a fair and thriving financial services market for the good of consumers and the economy.
We do this by:
- Regulating the conduct of approximately 50,000 businesses
- Prudentially supervising 48,000 firms
Our Head Office is based in London, and we have offices in Edinburgh and Leeds.
Firms and individuals must be authorised or registered by us to carry out certain activities.Before we grant authorisation, firms must demonstrate that they meet a range of requirements. We then supervise these firms to make sure they continue to meet our standards and rules after they’re authorised. If firms and individuals fail to meet these standards, we have a range of enforcement powers we can use.