The Actual News

Just the Facts, from multiple news sources.

Inside the century-old building standing above 400,000 gold bars

Inside the century-old building standing above 400,000 gold bars

Summary

The Bank of England, situated in London, is housed in a century-old building that sits above 400,000 gold bars. Originally built in the 1700s, the bank underwent a significant reconstruction in the early 20th century and now includes detailed mosaics and sculptures related to finance and Roman mythology.

Key Facts

  • The Bank of England is located on a 3.5-acre site in London.
  • The building, initially completed as a townhouse in the 1700s, has expanded over the centuries.
  • A new exhibition at the Bank of England Museum marks the century since its major rebuilding began.
  • The bank's basement stores approximately 400,000 bars of gold.
  • The rebuilding project took 14 years and was finished in 1939.
  • Sir John Soane designed the original bank building in the 1800s.
  • Sir Herbert Baker led the reconstruction project, costing around £5 million, equating to about £285 million today.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.