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Bank of England

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The Bank of England, formally the Governor and Company of the Bank of England, and sometimes known as Old Lady, is the central bank of the United Kingdom.

Established, in 1694, to act as the English (and later British) government's banker, the Bank of England is custodian the the UK's official gold reserves, and is headquartered on Threadneedle Street, in the borough of the City of London, London.

History

In 1868, the Bank suffered a failed robbery when the then-Governor of the Bank of England, the Templar Philip Twopenny, broke into his own vaults in order to steal its contents. The robbery was stopped, however, thanks to the actions of Jacob Frye, an Assassin who had been tracking Twopenny.

In the confusion following Twopenny's death, the Bank's printing plates were stolen and London was flooded with counterfeit currency. This, coupled with Twopenny's death destroyed the citizenry's faith in their currency, and inflation rapidly set in. However, the printing plates were quickly recovered by Evie Frye, at the behest of Sergeant Frederick Abberline, which helped restore faith in the UK economy.

Trivia

The Bank of England is custodian to the official gold reserves of the United Kingdom and many other countries. Its vault covers a floor space greater than that of the third-tallest building in the City, Tower 42, and its deposits are estimated to contain more than £156,000,000,000 (£156 billion) in gold.

Reference