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  • Key Takeaways
    The Old Lady, or the Old Lady of Threadneedle Street, is a colloquial nickname for the Bank of England
    This nickname originates from a 1797 satirical cartoon regarding the suspension of gold redemption under the Restriction Act of 1797
    The nickname has since appeared in cartoons, newspapers, books, and common usage to refer to the Bank
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  • But was there really an old lady of Threadneedle Street and what had she to do with Banking? There was indeed an old lady…Sarah Whitehead was her name.
  • It has had the nickname ‘The Old Lady of Threadneedle Street’ – or simply ‘The Old Lady’ which dates back to a cartoon published in 1797 by James Gillray.
  • Whilst it’s not clear to whom the original name Old Lady of Threadneedle Street pertained to, if anyone, but the caricature of 1797 by Gillray, relates to...
  • NOTE: The article initially said it was playwright Richard Brinsley Sheridan who first coined the phrase Old Lady of Threadneedle Street.
  • The Bank of England, often referred to as theOld Lady of Threadneedle Street,” is the UK’s central bank and plays a crucial role in managing the country’s...
  • the Old Lady of Threadneedle Street. A nickname for the Bank of England (which is located on Threadneedle Street in London). Primarily heard in UK.
  • Contents show
    • 1 Is Queen Elizabeth sometimes called the Old Lady of Threadneedle Street?
    • 7 Who is the old lady of Threadneedle Street history?
  • Primarily heard in UK. You can try all you want, but you won't get a penny from the Old Lady of Threadneedle Street.
  • The street is also home to London quarters of the oldest merchant bank in the world – Berenberg Bank, situated at 60 Threadneedle St.
  • 1797 Political Cartoon “Political Ravishment or The Old Lady of Threadneedle Street in danger – a cartoon published in 1797 by James Gillray.