Why is your mortgage rate higher than Bank Rate?
The interest rate on your mortgage is usually much higher than Bank Rate.
How is the Bank of England independent of the Government?
We have specific legal responsibilities for setting policy – for interest rates, for financial stability, and for the regulation of banks and insurance companies.
Why does money depend on trust?
In the past you could exchange banknotes for gold. Today the value of money comes from trust.
How will driverless cars affect the economy?
UK drivers spend 127 hours stuck in traffic each year.
Who owns the Bank of England?
Some people think the Bank of England is owned by private families, the Royal Family, or even run as a private corporation… but this is untrue. So who are we owned by?
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