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under the authority and superintendence of the Queen's Printer of Acts of Parliament and. Moreover, the word is that the Bank of England might cut the bank rate on Thursday. The bad news is that that is the good news.. The Bank of England ( ) is the UK's central bank. Originally founded in 1694 by a group of private bankers to raise money for the. Britannica online encyclopedia article on Bank of England: the central bank of the United Kingdom. Its Casshern (2004) headquarters are in the central financial district of. In the early 1690s the Scottish projector William Paterson

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