Bank of England and financing of British global trade (1694-1820)

1. Original government loan secured by earmarked taxes

   Jan 1, 1694Labels: Bank of, Government loan

   • BoE FOI 2015
   • BoE FOI 2020

2. Bank of England chartered to fund war

   Jul 27, 1694Labels: Bank of, War finance

   • BoE History
   • BoE FOI 2015

3. Bank opens for business in London

   Aug 1, 1694Labels: Bank of, City of

   • BoE History

4. Parliament launches Great Recoinage to fix silver currency

   Jan 13, 1696Labels: Parliament, Great Recoinage

   • Oxford Mint
   • Great Recoinage

5. Bank recapitalized to bolster public credit

   Apr 1, 1697Labels: Parliament, Bank recapitalization

   • BoE Act 1696
   • UK Legislation

6. Bank gains stronger legal protection and privileges

   Apr 21, 1709Labels: Bank of, Bank privileges

   • Fraser Clapham
   • BoE Act 1708

7. South Sea debt-conversion scheme peaks and collapses

   Sep 1, 1720Labels: South Sea, Stock market

   • South Sea Co
   • T F Chapter

8. Bank relocates to Threadneedle Street headquarters

   Jan 1, 1734Labels: Bank of, Threadneedle Street

   • BoE History
   • Britannica BoE

9. Seven Years’ War expands national borrowing capacity

   May 17, 1756Labels: Seven Years', National debt

   • History Policy
   • Econlib Debt

10. Cash payments suspended during wartime financial strain

    Feb 26, 1797Labels: Restriction period, Cash suspension

    • Gilbart 1797
    • Restriction Act

11. Parliament formalizes the Restriction on cash payments

    May 3, 1797Labels: Parliament, Restriction Act

    • Restriction Act
    • Gilbart 1797

12. Peel’s Act sets a path back to gold payments

    Jul 2, 1819Labels: Peel's Act, Parliament

    • Peel s Bill
    • Hansard 1819

13. Restriction period ends as gold convertibility returns

    Jan 1, 1821Labels: Restriction period, Gold convertibility

    • Restriction Act
    • Hansard 1821

14. Parliament accelerates optional return to cash payments

    Mar 19, 1821Labels: Parliament, Optional resumption

    • Hansard 1821