History
- Bank of England Act 1694, given a monopoly on issuing bank notes.
- Bank of England Act
- Bank Charter Act 1844, gave the Bank of England a monopoly on printing money. Issue of notes was tied to the gold reserve. Banks which previously had the right to issue their own notes continued, though after the 1930s, only the Scottish and Northern Ireland banks had survived without being taken over.
- Macmillan Committee (1929)
- Bank of England Act 1946, nationalised the Bank of England
Read more about this topic: United Kingdom Banking Law
Famous quotes containing the word history:
“The history is always the same the product is always different and the history interests more than the product. More, that is, more. Yes. But if the product was not different the history which is the same would not be more interesting.”
—Gertrude Stein (1874–1946)
“He wrote in prison, not a History of the World, like Raleigh, but an American book which I think will live longer than that. I do not know of such words, uttered under such circumstances, and so copiously withal, in Roman or English or any history.”
—Henry David Thoreau (1817–1862)
“A man will not need to study history to find out what is best for his own culture.”
—Henry David Thoreau (1817–1862)