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Username: Fluffy

Rating:
Guru Stars

Asked to: Jacob Rogers

Date Created: 30 Aug 2018
Category 28
Tag Financial
Question What is the 'Old Lady'?
Advice from Guru
Hello Fluffy,

The Old Lady is an eighteenth-century nickname for the Bank of England. It is a short version of the Old Lady of Threadneedle Street, a reference to the bank’s address in the middle of London.

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