Bank of England

Connections

Connections Author name Excerpt
Family and Intimate relationships Mary Bosanquet Fletcher
Both her younger brothers in time became very prosperous. Samuel was appointed a Director of the Bank of England ,
Matthew, Henry Colin Gray, Brian Harrison, and Lawrence Goldman, editors. Oxford Dictionary of National Biography.
and William was particularly ready to help her out financially at various stages in her life.
Family and Intimate relationships John Oliver Hobbes
Craigie, a teller at the Bank of England , came from aristocratic stock that included the Duke of Marlborough and Earls of Orford and Cadogan. His father was Ernest John Craigie , and his grandfather...
Family and Intimate relationships Kathleen E. Innes
Her sister Emily Margery (nicknamed Bud; born in 1876) made her career with the Bank of England and never married.
Harvey, Kathryn. "Driven by War into Politics": A Feminist Biography of Kathleen Innes. University of Alberta, 1995.
16
Family and Intimate relationships Jane Marcet
One of her brothers, William, became a member of parliament and director of the Bank of England .
Matthew, Henry Colin Gray, Brian Harrison, and Lawrence Goldman, editors. Oxford Dictionary of National Biography.
Theme or Topic Treated in Text Marina Warner
The book encompasses an extensive range of women's images that throughout history have appeared in English and European art and architecture. These representations include the Statue of Liberty, Hildegarde of Bingen 's Sapientia, Margaret Thatcher
Wealth and Poverty Mary Butts
When MB 's parents met in 1888, her father's property in Parkstone, along with railway debentures, consols, and stocks in the Bank of England , produced an income of £3,266 a year, and he...

Timeline

25 April 1694
The Bank of England was established, against violent parliamentary opposition, with the primary object of lending money to the nation rather than to individuals: this was the beginning of the National Debt.
1696
The Bank of England , two years after its founding, began limiting its issue of (handwritten) paper bank notes to values of over fifty pounds.
1709
An Act of Parliamentfor Enlarging the Capital Stock of the Bank of England is cited by the Oxford English Dictionary as its first use of capital in the sense of financial assets in hand.
1769-70
Bengal suffered famine, exacerbated by compulsory purchase of British goods and the throwing out of work of local artisans. Its onset coincided with a serious threat to British power there by forces from the Sultanate...
15 July 1772
The East India Company , whose steady stream of wealth coming out of India had diminished in the face of famine and suppression of local industry, asked the Bank of England for a bailout loan £400,000.
26 February 1797
The Bank of England , alarmed by a run on gold prompted by fears of invasion from Napoleonic France, prohibited payments in cash: in May this prohibition was enforced by legislation establishing a period of Restriction.
May 1801
Following the increased use in Britain of paper bank notes instead of gold, and therefore of uttering or circulating low-denomination forged notes, a lesser penalty for this crime passed into law: transportation to Australia instead...
By summer 1826
The Bank of England opened its first subsidiary branch, in Gloucester; this initiated the process which led to national banking systems.
1914
The Bank of England first began issuing, on instructions from the Treasury , bank notes in a ten-shilling denomination (worth, that is, half of a pound).
1921
A local bank named Fox, Fowler and Co. , based in Somerset, issued the last private (that is, non-Bank of England ) bank notes to be legal tender in Britain.
14 February 1946
The Bank of England was nationalised.
10 September 1963
American Express for the first time extended its credit card coverage to Britain, where till then it had been restricted to those who could pay their bills in US dollars.