Video: Queen gives the Bank of England a lesson in economics The Queen, who listened intently, said: "Well perhaps, I suppose in money terms, it is very difficult to foresee, but people had got a bit lax, hadn't they?" The Queen first visited the Bank as an 11-year-old with Queen Mary. Inflation dictates that VIP visitors now sign a £1 million note. As the Queen signed, next to the note bearing her signature from 1937, she joked: "It hasn't improved, really."