History A-Level
Bank of England independence
What Bank of England independence means in History A-Level, as defined for AQA.
Definition of Bank of England independence
Check what you remember
Read the wording for your board, then hide it and explain Bank of England independence in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Operational independence granted in 1997, allowing the Bank to set interest rates.
Topics that use Bank of England independence
- 2S The Making of Modern Britain, 1951–2007 – The Era of New Labour, 1997–2007 (A-level only) (AQA A-Level)
Related terms
- Education and youth policy
- Multiculturalism and social cohesion
- Social equality and legislative reform
- Third Way
- Demographic change and immigration
- Devolution
- Europhiles
- Eurosceptics
Using Bank of England independence in the exam
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