BNET Industries
Last Fiscal Year Sales:$3.2B
- Private
- UK
Dow Jones Description
The Bank of England is the central bank of the United Kingdom. Sometimes known as the 'Old Lady' of Threadneedle Street, the Bank was founded in 1694, nationalised on 1 March 1946, and gained independence in 1997. Standing at the centre of the UK's financial system, the Bank is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy.
Executive Director, Banking & Chief Cashier
Andrew BaileyNumber of Employees 1,639
NAICS Code Monetary Authorities-Central Bank: 521110
Recent Events
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FTSE 100 up 0.83%
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Euro Stocks Rally After US Economic Reports
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Europe shares hit 1-week closing high on U.S. data
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Dollar hovers near 1-year low ahead of Fed meeting
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BoE could cut rate paid on bank reserves
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Crisis measures boosting central banks' bottom line
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Europe Heeds Cautious Central Banks
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U.K.: Banks 'Too Big to Fail' Are Too Big
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BoE appoints Bailey head of Special Resolution Unit
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US economist joins Bank of England rate-setters
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Britain appoints Posen to replace Besley on BoE's MPC
News & Analysis
Filter by
analyst and bank of england - All News and Analysis
Euro, pound weaken on concerns of slowing growth
- 2008-02-07
NEW YORK AFP — The euro and the pound fell against the dollar on Thursday after the European Central Bank held interest rates and the Bank of England trimmed them, as expected, citing growth concerns, analysts said. The euro fell to 1.4479 dollars around 2200 GMT from 1.4633 dollars...
M&S shares plunge as Christmas trading disappoints
- 2008-01-09
LONDON AFP — The value of British retailer Marks & Spencer collapsed by almost a fifth on Wednesday after the group reported weak sales in the crucial Christmas trading period and issued a gloomy outlook for 2008. M&S shares dived 18.72 percent to close at 409.25 pence on London's...
High energy costs push British inflation
- 2007-12-18
LONDON AFP — Elevated energy costs kept British inflation at an annual rate of 2.1 percent in November, official data showed Tuesday, but analysts still forecast more interest-rate cutting by the Bank of England. The 12-month inflation rate, unchanged from October, remained above the Bank of England's 2.0 percent...
ECB, BoE keep rates on hold in face of financial market jitters
- 2007-09-06
FRANKFURT AFP — The European Central Bank and the Bank of England both held their key interest rates steady on Thursday in face of volatility on global financial markets. The ECB and the BoE joined fellow central banks around the world in sitting tight to see how the financial...
Stock market wobbles make banks struggle with Alliance Boots debt.(FINANCIAL NEWS)
- 2007-08-17
The wave of risk aversion hitting the markets is now threatening KKR's banks' plans to sell the debt they took to finance the 9bn [pounds sterling] Alliance-Boots deal. Analysts for the moment are holding back from declaring the market wobbles a full-blown crisis. But...
Bank of England to pause interest rates at 5.75 percent
- 2007-07-31
LONDON AFP — Bank of England policymakers are widely expected to leave interest rates at 5.75 percent on Thursday, as they assess the effect of runaway crude oil prices on strong British inflation, say economists. After a two-day meeting, the BoE's Monetary Policy Committee MPC is forecast to freeze...
British economic growth revised up to 2.9 percent
- 2007-05-25
LONDON AFP — The British economy expanded by 2.9 percent during the first quarter of 2007 on a 12-month comparison, official data showed on Friday. The Office for National Statistics ONS revised higher its growth estimate from an initial reading of 2.8 percent in April. The adjusted 2.9-percent figure...
Bank of England voted 8-1 to hold rates at 5.25 percent
- 2007-03-21
LONDON AFP — Bank of England policymakers voted 8-1 to keep borrowing costs steady at 5.25 percent in March, minutes of their latest meeting showed on Wednesday. The minutes said that for most members, "the financial market volatility added to the case for holding rates" at the March 7-8...
British manufacturing falls in October
- 2006-12-06
LONDON AFP — British manufacturing output has dropped 0.4 percent in October from the previous month. It was the first decline since April and the biggest fall since October 2005. On a 12-month basis manufacturing output, which accounts for 14.6 percent of overall economic activity, climbed 2.5 percent in October,...
Bank of England to sit tight after rate hike: analysts
- 2006-12-05
LONDON AFP — Bank of England policymakers are widely expected to freeze British interest rates on Thursday after hiking borrowing costs to a five-year high of 5.0 percent in November, analysts said. All 29 economists polled by the financial newswire AFX News forecast that the BoE's nine-member Monetary Policy Committee...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Andrew Bailey | Executive Director, Banking & Chief Cashier |
| Charles Bean | Executive Director and Chief Economist |
| Spencer Dale | Executive Director, Chief Economist |
| John Footman | Executive Director, Central Services |
| Nigel Jenkinson | Executive Director, Financial Stability |
| Paul Fisher | Executive Director, Markets |
| Paul Tucker | Executive Director, Markets |
| Adrian Piper | Agent |
| Chris Brown | Agent |
| Christopher Bailey | Agent |
| David Buffham | Agent |
| George Sampson | |
| Graham Nicholson | |
| Herbert Baker | |
| John Bartlett | Agent |
| John Soane | |
| John Whitley | Agent |
| John Young | Agent |
| Juliet Wheldon | |
| Kevin Butler | Agent |
| Paul Fullerton | Agent |
| Peter Andrews | Agent |
| Phil Eckersley | Agent |
| Timothy Besley | Professor |
| Tony Strachan | Agent |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Charles Goodhart | Chairman |
| Andrew Sentance | Board of Directors |
| David Blanchflower | Board of Directors |
| Harrison Young | Board of Directors |
| Kate Barker | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Banking & Chief Cashier | Current |
| Allgold of Sevenoaks | Current | |
| Bank of England | Board of Directors | Current |
| Risk Limited | Senior Manager | Former |
| The London School of Economics | Research Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director and Chief Economist | Current |
| Bank of England | Board of Directors | Current |
| The London School of Economics | Lecturer | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Chief Economist | Current |
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Central Services | Current |
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Financial Stability | Current |
| Bank of England | Board of Directors | Current |
| University of Birmingham | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Markets | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Markets | Current |
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current |
Graham Nicholson qualified with Freshfields in September 1971 and became a partner in 1980 while working in the firm's New York office. He helped establish the firm's first Asian office in Singapore later that year and, following his return to London, became departmental managing partner of the company department in 1986 (which later divided to become the corporate and finance departments). Graham was also managing partner of the firm between 1990 and 1993, before returning to full time practice. Graham's work has spanned a wide range of the firm's clients over the years. Most recently he has been well known for his work with a range of financial institutions clients, such as the London Stock Exchange on its listing, offers and proposed offers in recent years; Zurich Financial Services on a wide range of transactions, and Lloyd's and Equitas on the reconstruction of the Lloyd's insurance market in 1996 and the subsequent progress of Equitas. He is also relationship partner for Rolls Royce. Graham read law at Trinity Hall, Cambridge and attended the Advanced Manager Program at Harvard Business School in 1990.
| Organization | Position | Status |
|---|---|---|
| Rolls Royce | Partner | Current |
| Bank of England | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current | |
| Depart-Ment | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Professor | Current |
| The London School of Economics | Professor of Economics and Political Science | Current |
| Voxeu.Org | Current | |
| Econometric Society | Fellow | Current |
| University of Oxford | Former | |
| Econometric Society | Chair | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
| British Airways | Chief Economist | Former |
| British Airways | Head of Environmental Affairs | Former |
| The London School of Economics | Former | |
| Society of Business Economists | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
| The Labor Company | Fellow | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
Executive News
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Glance-PRESS DIGEST - Financial Times - Aug 26
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BoE Bean-cbanks need tools to tackle asset prices
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BOE's King Sought Even More Stimulus
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Division within BOE surprises markets
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BoE split on size of monetary stimulus
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BoE split on QE stimulus rise; King wanted more
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UPDATE 3-BoE split on QE stimulus rise; King wanted more
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UPDATE 2-UK cbankers split on stimulus rise; King wanted more
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UK cbankers split on stimulus rise; King wanted more
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BoE split on 50 bln QE increase, King wanted 75 bln
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UPDATE 1-BoE split on 50 bln QE increase, King wanted 75 bln
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UK Business Credit Availability Is Hitting Consumers Too
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BOE Aug Minutes: Governor King Voted For GBP200 Billion Bond Buying
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BoE MPC voted 6-3 for 50 bln QE increase, King wanted 75 bln
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RPT-PREVIEW-BoE QE vote seen unanimous; fireworks if any split
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PREVIEW-BoE QE vote seen unanimous; fireworks if any split
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UPDATE 1-BoE's Sentance sees UK return to growth in '09-paper
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Is Britain's Economy on the Mend?
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King raises stakes in UK inflation gamble
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The impact of quantitative easing: When to call a halt
Industry Transcripts by Seeking Alpha
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
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MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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