The Bank of England is the UK’s central bank, founded in 1694 to ‘promote the public good and benefit of the people’. How it does so has changed a bit since then, but the Bank still plays a crucial role in the economy – printing money, setting interest rates and regulating the financial sector. Since 2017, the Bank’s staff have been on a mission to get outside the City of London and promote economic literacy across the UK: whether by delivering talks in schools, running Citizens’ Panels on people’s economic experiences, or, now, publishing this nifty primer on economics.
