![Bank of England](https://cdn.newsserve.net/en/knowledge/Bank-of-England_20190128.jpg)
House purchases among transactions hit by 'global payments issue'
The Bank of England has revealed disruption to some major financial transactions due to a "global payments issue".
Sky News
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 debt manager, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank.
The Bank of England has revealed disruption to some major financial transactions due to a "global payments issue".
The Bank of England says the problem is resolved and the CHAPS system will soon clear the backlog.