Skip to main content
  • This website sets cookies on your device. To find out more about how we use cookies please refer to our Privacy and Cookie Policy. By continuing to use the site, we’ll assume that you are content for us to set these on your device.
  • Close
Home > What the Bank does

What does the Bank of England do?

The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.

The Bank was established in 1694 to act as banker to the Government. We are still owned by the Government, but we set monetary policy independently.

The following video explains the main things that we do in less than a minute: