Square Mile / The City. The Bank of England.

The "Square Mile," often referred to as "The City," is a term that refers to the historic core of London, which is known for being one of the world's leading financial districts. It covers an area of one square mile and is home to a concentration of financial institutions, banks, insurance companies, and professional services firms. **The Bank of England** is the central bank of the United Kingdom and is located in the City of London. Established in 1694, it plays a crucial role in maintaining monetary stability through its control of interest rates, regulating monetary policy, and overseeing the issuance of banknotes. The Bank of England also acts as a banker to the government and provides financial services to the government and other banks. The City itself is characterized by its unique blend of modern skyscrapers and historic buildings, including landmarks like St. Paul's Cathedral, the Tower of London, and the London Stock Exchange. It is not just a financial hub; it also hosts a variety of cultural, educational, and legal institutions, making it a vibrant part of London. If you have any specific questions or would like to know more about the Square Mile, the Bank of England, or related topics, feel free to ask!