MPs urge name change at the Bank of England

UK - Did you hear the one about the Scotsman, the Welshman, the Ulsterman and the Bank of England? The Scotsman newspaper reports on Thursday that the Bank of England was infact founded by a Scotsman and that the word "England" is inappropriate in the name.

More than 300 years after it was founded by Scotsman William Paterson, another Scot is demanding that the Bank of England changes its name to something more reflective of the United Kingdom.

Jim Sheridan, the Labour MP for Renfrewshire West,

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