A Chapter on the bank of England independence and why it happened. What were the problems that lead to that .

Under this chapter please write 7000 words without abstract and introduction, so divide this chapter into four sections.
First, overview in the main role of the bank of England as central bank in UK especially in points of banking sector and financial stability in the last 2 decades.
Second part, will focus on the independence of the Bank of England and why it happened, then discuss the implications of that on the economy in the UK. Please states numbers and tables if that necessary to prove arguments. Then compare the situations before and after the independence for the bank of England. Third part, discuss what were the problem that lead to the independence of the Bank of England , then focus on the legal aspects of these issue , because this chapter is part of legal research, so the legal aspects will be important points in this chapter. Fourth part, should be discuss how the Bank of England expert to get the full independency as a central bank and what the lessons and implications to transfer them to the development countries such as Saudi Arabia. Then indicates to the recommendations should the Saudi Arabian monetary agency as central bank in Saudi Arabia take step further like the Bank of England to get full independence.
Important points:
1- Please do not write abstract or introduction.
2- Table of contents in the second page with the page numbers.
3- Footnotes and table of references an important points.
4- Write 7000 words.
5- Free to update or change title and sup-title for each part when find that necessary.
6- Legal aspects important to show them on each part of this chapter.
7- This chapter will be a chapter of thesis title ( Saudi Banking law , lacks and development, according to the Bank of England expert, comparative study)