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Bank Chambers
Bank Chambers is an office building on Portland Street, Manchester, England. Its heavy and imposing appearance gives away its previous use as a bullion bank vault by the Bank of England. The Bank of England vacated the building in the 1990s and the building is now used as offices. Background The building was built in 1971 and designed by the architecture practice Aukett Fitzroy Robertson. The building is bomb-proof with a 16-inch exterior wall of concrete and wide cavity existed for security patrols. Every Tuesday the surrounding roads would be temporary closed to allow the transportation of money. The building was vacated in the 1990s and office developer Bruntwood Bruntwood is a family-owned property company offering office space, serviced offices, retail space and virtual offices in the north of England and Birmingham in the United Kingdom. They own several high-profile buildings in the Manchester area, as ... bought the building. It was subsequently renovated with Grade A of ...
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Bank Chambers, Manchester
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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Portland Street, Manchester
Portland Street is a street in Manchester, England, which runs from Piccadilly at its junction with Newton Street south-westwards to Oxford Street at its junction with Chepstow Street. The major buildings of Portland Street include the largest former warehouse in the city centre, Watts Warehouse (grade II* listed), the former Bank of England Building and other former warehouses on the corners of Princess Street. Location Portland Street was a name given to a new street on the site of a lane called Garrett Lane after a 14th-century hall, Garrett Hall; like some others, it was borrowed from the street of the same name in London by wealthy Manchester men in the early 19th century. It became Victorian Manchester's showpiece: until the 1850s, it ended at David Street (afterwards renamed Princess Street). From the 1840s, this part of the town began to be taken over by warehouses and during the 1850s and 1860s they predominated in Portland Street. The 1911 Victoria County History r ...
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Manchester
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The two cities and the surrounding towns form one of the United Kingdom's most populous conurbations, the Greater Manchester Built-up Area, which has a population of 2.87 million. The history of Manchester began with the civilian settlement associated with the Roman fort ('' castra'') of ''Mamucium'' or ''Mancunium'', established in about AD 79 on a sandstone bluff near the confluence of the rivers Medlock and Irwell. Historically part of Lancashire, areas of Cheshire south of the River Mersey were incorporated into Manchester in the 20th century, including Wythenshawe in 1931. Throughout the Middle Ages Manchester remained a manorial township, but began to expand "at an astonishing rate" around the turn of the 19th century. Manchest ...
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Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for ...
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Bruntwood
Bruntwood is a family-owned property company offering office space, serviced offices, retail space and virtual offices in the north of England and Birmingham in the United Kingdom. They own several high-profile buildings in the Manchester area, as well as in Liverpool, Leeds and Birmingham. Bruntwood's portfolio of over 100 properties is worth over one billion pounds and includes over of floorspace. In October 2018, Bruntwood announced a 50:50 partnership with Legal & General Capital focussed on science and technology in regional cities. The new partnership has been named Bruntwood SciTech. Interests include Circle Square and Alderley Park. Alongside the creation of Bruntwood SciTech, the core work space assets were ring fenced into a business named Bruntwood Works, specialising in different types of workspace products from coworking and serviced offices to traditional leased offices. Properties Notable properties in the Bruntwood group include: Birmingham * Centre City Tower ...
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Buildings And Structures In Manchester
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ...
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