# Bank of England is nationalized (1946)

URL: https://english-history.com/timeline/1946-bank-of-england-is-nationalized
Categories: main-event

The Attlee government brought the Bank of England into public ownership as part of a wider programme of economic reconstruction. Within the broader Postwar & Modern Uk period, decolonization, welfare institutions, migration, European integration and withdrawal, devolution and social change reshaped the modern United Kingdom. This event is placed at 1946 in the chronology so it can be read alongside the political, military, social and cultural changes around it. The move symbolized the postwar expansion of state responsibility for economic management.

## Why it matters
The move symbolized the postwar expansion of state responsibility for economic management.

Ruler at the time: [George VI](https://english-history.com/rulers/george-vi)

## Sources
- [Wikipedia topic lookup — Bank of England is nationalized](https://en.wikipedia.org/wiki/Special:Search?search=Bank+of+England+is+nationalized&go=Go)
- [Encyclopaedia Britannica topic lookup — Bank of England is nationalized](https://www.britannica.com/search?query=Bank+of+England+is+nationalized)
- [Wikipedia — Timeline of British history](https://en.wikipedia.org/wiki/Timeline_of_British_history)
- [The National Archives — Postwar collection](https://www.nationalarchives.gov.uk/explore-the-collection/explore-by-time-period/postwar/)