Royal Bank of Scotland: the 84th largest company in the world. In 2004, the operating income was 43.758 billion US dollars.
HBOS: the largest company in the world 107. In 2004, the operating income was $36.024 billion.
Barclays: 142 The largest company in the world. In 2004, the operating income was $30.843 billion.
Lloyd TSB Group: the largest company in the world. In 2004, the operating income was $25.378 billion.
Abbey National Bank: the 494th largest company in the world. In 2004, the operating income was 1 104 billion USD.
The Bank of England is the central bank of Britain. 1694 was founded by WilliamPaterson, a Scot chartered by the British royal family. At the beginning, it was mainly to raise war funds for the government, and thus obtained the right to issue money. 1844 was reorganized according to the new banking law (pierre decree) and divided into the issuing department and the banking department. After that, it gradually gave up commercial banking and became the central bank. 1946 was nationalized by the labour government.
Its main duties are: issuing currency; Managing national debt; Cooperate with the Ministry of Finance and the Minister of Finance to implement monetary policy; Re-discount the existing bills; Act as the national treasury; Handling monetary affairs related to other countries through institutions such as the International Monetary Fund, the World Bank and the Bank for International Settlements; Acting for the government to keep gold foreign exchange reserves, etc.
Bank of England
The Bank of England is the central bank of Britain, and is responsible for the monetary policies of all countries in Britain through the Monetary Policy Committee (MPC).
The Bank of England is one of the most important institutions and buildings in London. Since the appearance of 1694 Bank of England, the Bank of England began to operate, and then gradually changed its functions. Since 1694, as the central bank of Britain, it is the largest and busiest financial institution in the world. Visitors can enjoy its development in the museum of the Bank of England, which is worthy of being called the "financial center" line.
The Bank of England is the central bank of the United Kingdom. The Bank of England has always acted as the bank of the British government and is responsible for the country's monetary policy. Its functional institutions are divided into policy and market, financial structure and supervision, business and service.
related data
raise interest rates
The Bank of England unexpectedly raised the repo rate by 25 basis points, which is the third increase since August 2007. The Bank of England's measures are aimed at controlling accelerating inflation. So far, the repo rate in Britain has reached 5.25%, which is the same as the federal funds rate in the United States.
Before the meeting of the Monetary Policy Committee (MPC), few people expected the Bank of England to raise interest rates. Some analysts believe that the Bank of England's remarks indicate that the central bank will continue to raise interest rates.
GBP/USD jumped 157 points within 20 minutes after the news was released, from 1.9378 to 1.9533. In a statement issued after the meeting, the Bank of England mentioned that "domestic demand is growing steadily, credit and broad money are still growing rapidly, and the excess capacity of the economy is limited. In the near future, inflation will rise further and continue to be higher than the inflation target. Compared with the release of the Bank of England's inflation report in June 5438+065438+ 10, 2006, the risk of rising inflation has increased. "