Bank of England Governor Mark Carney soundbites as he pledges to end "the age of irresponsibility" in the City of London

The video discusses the significance of British investment in the UK economy and the role of the Bank of England in maintaining financial stability. It highlights the UK's membership in the European Union and the Bank's responsibilities to ensure inflation targets and financial system functionality, regardless of UK-Europe relations.

What is the UK known for in terms of investment?

• Largest destination for American investment

• Largest investor in the Asian economy

• Largest investor in the European economy

• Largest destination for British investment

What is one of the responsibilities of the Bank of England?

• To regulate the UK's healthcare system

• To manage the UK's foreign relations

• To fulfill responsibilities given the UK's EU membership

• To oversee the UK's educational policies

What is a key focus of the Bank of England?

• To reduce the UK's exports

• To maintain inflation on target

• To increase the UK's population

• To expand the UK's territory

What does the Bank of England ensure about the financial system?

• That it functions as it should

• That it only benefits the wealthy

• That it is closed to foreign investors

• That it operates without any regulations

How does the Bank of England approach its responsibilities?

• By focusing solely on domestic issues

• By ignoring the UK's relationship with Europe

• By prioritizing international trade agreements

• By ensuring financial stability regardless of the UK's relationship with Europe