Threadneedle Street

English

Etymology

Corruption of "three needle", from the arms of the Needle-makers' Company. Influenced by threading a needle.

Proper noun

Threadneedle Street

1. A street in London, running from Poultry and Lombard Street to Bishopsgate; the site of the Bank of England.
2. (British, economics, banking, finance) The Bank of England.
   • 2008 March 6, “Eddie George defends role of FSA in Northern Rock crisis”, in The Guardian:

     George, known as Steady Eddie during his 10 years in charge at Threadneedle Street, said critics who attacked the Financial Services Authority were also wide of the mark.

   • 2007 December 11, Patrick Hosking, “Gieve’s head will not be enough to appease critics”, in The Times:

     Monetary policy may not be perfect, but it has been far better handled since the responsibility for it moved from 11 Downing Street to Threadneedle Street.

   • 2002 November 10, Faisal Islam, “Doing the Continental”, in The Observer:

     The Bank of England cut 0.25 per cent at each meeting - the same decision, spread over two months. Strip out that and Frankfurt and Threadneedle Street have been running the same policy for a year and a half.

Derived terms

• Old Lady of Threadneedle Street

Translations

street in London

• Chinese:

  Mandarin: 針線街／针线街 (Zhēnxiàn Jiē)

• Danish: please add this translation if you can
• German: Dreinadelstraße f
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