£144.19

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£144 today · previous high £144 · all-time low £128

Cambridge University Press The Bank of England: 1950s to 1979

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Last 32 days · 32 data points (no recent data)

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£144.19 £126.67 £130.49 £134.31 £138.14 £141.96 £145.78 01 August 2026 08 August 2026 16 August 2026 24 August 2026 01 September 2026
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Price distribution over 32 days • 3 price levels

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3 days 15 days 14 days · current 0 4 8 11 15 £128 £136 £144 Days at Price

Price Analysis

Most common price: £136 (15 days, 46.9%)

Price range: £128 - £144

Price levels: 3 different prices over 32 days

Description

This history of the Bank of England takes its story from the 1950s to the end of the 1970s. This period probably saw the peak of the Bank's influence and prestige, as it dominated the financial landscape. One of the Bank's central functions was to manage the exchange rate. It was also responsible for administering all the controls that made up monetary policy. In the first part of the period, the Bank did all this with a remarkable degree of freedom. But economic policy was a failure, and sluggish output, banking instability and rampant inflation characterised the 1970s. The pegged exchange rate was discontinued, and the Bank's freedom of movement was severely constrained, as new approaches to policy were devised and implemented. The Bank lost much of its freedom of movement but also took on more formal supervision.

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