BNET Industries

Bank of England

is in the Financial Services Industry

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 Bailey
Number of Employees 1,639
Contact Information

Threadneedle Street

London EC2R 8AH

www.bankofengla...

(44) 2076014444

NAICS Code Monetary Authorities-Central Bank: 521110

Recent Events

  • FTSE 100 up 0.83%

    11/09/09 - Merger / Acquisition - View Story

  • Euro Stocks Rally After US Economic Reports

    11/05/09 - Bond / Stock Rating - View Story

  • Europe shares hit 1-week closing high on U.S. data

    11/05/09 - Bond / Stock Rating - View Story

  • Dollar hovers near 1-year low ahead of Fed meeting

    9/23/09 - Bond / Stock Rating - View Story

  • BoE could cut rate paid on bank reserves

    9/15/09 - Bond / Stock Rating - View Story

  • Europe Heeds Cautious Central Banks

    8/06/09 - Bond / Stock Rating - View Story

  • U.K.: Banks 'Too Big to Fail' Are Too Big

    7/31/09 - Mgmt. Change Entering - Other - View Story

  • BoE appoints Bailey head of Special Resolution Unit

    6/30/09 - Mgmt. Change Entering - Other - View Story

News & Analysis

bank of england and equity - All News and Analysis

  • Eurozone interest rates to rise.

    - 2007-03-02

    The gap between UK and eurozone official interest rates is expected to narrow next week, when the European Central Bank ECB raises its repo rate while the Bank of England leaves rates unchanged. Some economists suspect it might continue to narrow thereafter, as the ECB raises...

    Tags: Bank of England, equity, FINANCE, Investment, U.K.

  • Cash-holdings surge bodes well for equities.

    - 2006-09-01

    A surge in financial institutions' cash holdings augurs well for equities. This week's Bank of England figures showed that their bank deposits have risen by GBP22bn (6.4 per cent) in the past three months. They are now equivalent to 21.4 per cent of the UK's stock...

    Tags: Bank of England, equity, FINANCE, Investment, stock

  • Rate dilemma.

    - 2005-08-12

    After last week's interest rate cut by the Bank of England BoE, many equity investors appeared disappointed by the apparently muted market response. They should not have been. Both the FTSE All-Share and the FTSE 100 indices have already served up year-to-date total returns of...

    Tags: Bank of England, equity, FINANCE, Investment, U.K.

  • Institutional cash set to boost equities.

    - 2005-07-01

    Bank of England figures released this week showed that financial institutions have huge piles of cash. Thanks to share buy-backs, institutions' bank deposits have grown by 21.5 per cent in the past 12 months - the biggest increase for seven years. They are now equivalent to...

    Tags: bank, Bank of England, equity, FINANCE, Investment

  • Dealing with a debt wish.

    - 2005-04-25

    There is a lot of upbeat news currently in the UK equity market. The winter results season showed corporate earnings in good form. Shell announced a profit that set a UK historic record, one that is likely to be broken as early as next month by Vodafone....

    Tags: Bank of England, equity, FINANCE, Investment, Tesco, U.K.

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

  • Glance-PRESS DIGEST - Financial Times - Aug 26

    CNBC - 8/26/09 - View Story

  • BoE Bean-cbanks need tools to tackle asset prices

    Forbes.com - 8/25/09 - View Story

  • BOE's King Sought Even More Stimulus

    The Wall Street Journal Interactive Edition - 8/24/09 - View Story

  • Division within BOE surprises markets

    Shanghai Daily - 8/20/09 - View Story

  • BoE split on size of monetary stimulus

    Economictimes - 8/19/09 - View Story

  • BoE split on QE stimulus rise; King wanted more

    Forbes.com - 8/19/09 - View Story

  • UPDATE 3-BoE split on QE stimulus rise; King wanted more

    Forbes.com - 8/19/09 - View Story

  • UPDATE 2-UK cbankers split on stimulus rise; King wanted more

    Forbes.com - 8/19/09 - View Story

  • UK cbankers split on stimulus rise; King wanted more

    Forbes.com - 8/19/09 - View Story

  • BoE split on 50 bln QE increase, King wanted 75 bln

    Forbes.com - 8/19/09 - View Story

  • UPDATE 1-BoE split on 50 bln QE increase, King wanted 75 bln

    Forbes.com - 8/19/09 - View Story

  • UK Business Credit Availability Is Hitting Consumers Too

    PR Newswire - 8/19/09 - View Story

  • BOE Aug Minutes: Governor King Voted For GBP200 Billion Bond Buying

    Morningstar.com - 8/19/09 - View Story

  • BoE MPC voted 6-3 for 50 bln QE increase, King wanted 75 bln

    Forbes.com - 8/19/09 - View Story

  • RPT-PREVIEW-BoE QE vote seen unanimous; fireworks if any split

    Forbes.com - 8/19/09 - View Story

  • PREVIEW-BoE QE vote seen unanimous; fireworks if any split

    Forbes.com - 8/18/09 - View Story

  • UPDATE 1-BoE's Sentance sees UK return to growth in '09-paper

    Forbes.com - 8/16/09 - View Story

  • Is Britain's Economy on the Mend?

    BusinessWeek - 8/12/09 - View Story

  • King raises stakes in UK inflation gamble

    South China Morning Post - 8/07/09 - View Story

  • The impact of quantitative easing: When to call a halt

    The Economist - 8/07/09 - View Story

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