Sun Jul 27, 2025by johnataylor on TwosFun Fact: On July 27, 1694 (331 years ago) a Royal charter was 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 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.