A Royal charter is granted to the Bank of England.
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank, after Sweden's (1668).
It is considered to be one of the world's most important central banks.




Watch: The Bank That Almost Broke Britain | BBC Documentary 2018 HD
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Sources and further reading: Wikipedia — Bank of England, Royal charter (CC BY-SA). Images: Wikimedia Commons.