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Crazy Golf | 18:12 Thu 08th Mar 2012 | Business & Finance
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Can someone settle an argument. Who owns the bank of England?
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Avatar Image Old_Geezer
It is owned by the Treasury Solicitor on behalf of the Government.
(Wikipedia)
18:14 Thu 08th Mar 2012
Avatar Image d9f1c7
The state via HM Goverment, ie you and me!
18:36 Thu 08th Mar 2012
Avatar Image Buenchico
Er, not officially, guys!

The Bank of England is officially owned by the Bank of England!
i.e. it's independent (and has been so since 1997)
http://www.bankofengl...ut/Pages/default.aspx
23:11 Thu 08th Mar 2012
Avatar Image ABerrant
In 1997 The BoE gained "operational independence" to set interest rates however The Bank remains a public sector institution, wholly-owned by the Government, accountable to Parliament, with its entire capital held by the Treasury solicitor on behalf of HM Treasury.
04:32 Fri 09th Mar 2012
Avatar Image d9f1c7
Chris that's independence in their actions but that's an illusion anyway. The institution is public owned.
14:53 Fri 09th Mar 2012
Avatar Image Captain Spod
Probably Richard Branson or Rupert Murdoch, they seem to own everything else!
19:14 Sat 10th Mar 2012

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