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411 REFERENCE · Wiktionary

Old Lady of Threadneedle Street

Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.

English Etymology From the bank's age and its location on Threadneedle Street. Proper noun Old Lady of Threadneedle Street 1 en informal The Bank of England. " Suppose we duplicate actual numbers that are out in circulation, and perhaps hold over the originals? We can triplicate, quadruple, multiply by a hundred times if it suits our purpose.""Well, by hokey that's an idea," admitted simple George Larch. "Why, they'd have to pay out on all that come in then or risk repudiating their own paper. It's lucky for the Old Lady of Threadneedle Street that we aren't in the wholesale business." en Nicknames