Comment by spicerguy

I would suggest you find out a little bit more about the BoE. It's not an investment or retail bank, it's a central bank which is more about influencing economic policy and other banking policy than pushing money around. Interestingly the UK government decoupled the bank from direct control in 1998, which greatly reduced the risk of wild interest rate fluctuations driven by political motivations, which had caused a lot of pain in the previous decades.