Founded in 1694 as a private company the Bank now performs the functions of a state bank.
have an interesting post about animals at the Bank of England.
The Guardian, 16 April 2022, reporting on an exhibition at the Bank of England, informed that the Bank once owned 599 slaves. In the early 1770s a merchant company defaulted on loans made by the Bank, and so the Bank became the owner of two plantations in Grenada along with the slaves there held. In 1790 the Bank sold the plantations to James Baillie, who shortly after became MP for Horsham. The article quotes a historian making the point that most UK financial institutions operating at that time would have had some involvement in the slave trade.
2025: Great post from : "In Pictures: The Demolition, And Resurrection, Of The Bank Of England".
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