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Posts Tagged ‘bank of england virtual tour’

The Birth of the Old Lady of Threadneedle Street

Wednesday, April 15th, 2009

The Bank of England is personified as ‘The Old Lady of Threadneedle Street’ - conjuring images of a benevolent and homely old spinster at her sewing. However, the ‘old lady’ has a slightly less peaceable heritage than this image implies - the Bank of England was borne out of funding the war with France. In 1694, William III’s coffers were running low, threatening his war against the French. (more…)