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
-
FTSE 100 up 0.83%
-
Euro Stocks Rally After US Economic Reports
-
Europe shares hit 1-week closing high on U.S. data
-
Dollar hovers near 1-year low ahead of Fed meeting
-
BoE could cut rate paid on bank reserves
-
Crisis measures boosting central banks' bottom line
-
Europe Heeds Cautious Central Banks
-
U.K.: Banks 'Too Big to Fail' Are Too Big
-
BoE appoints Bailey head of Special Resolution Unit
-
US economist joins Bank of England rate-setters
-
Britain appoints Posen to replace Besley on BoE's MPC
News & Analysis
Filter by
bank of england and taxes - All News and Analysis
Weekend Round-Up
BNET
- 2009-11-08
£165bn loan keeps Lloyds afloat Lloyds Banking is being sustained by £165bn in loans and guarantees from the Bank of England -- approaching the £200m of quantitative easing allocated to support the UK economy. This should, says Lloyds, be set against the context of its £1trn balance sheet, but its...
Brown's rocky year is over. But 2008 could be worse OPINION & DEBATE
- 2007-12-30
GORDON Brown will be singing Auld Lang Syne with unusual urgency this Hogmanay as he reflects on the disasters of the last year. He's not short of auld acquaintances he'd rather forget, a host of shady donors for a start. The prime minister had his annus mirabilis and...
FTSE moves higher.
- 2007-10-09
Good news from Northern Rock boosts financials Jonas Crosland Leading shares have been underpinned by solid gains in the financial sector, and by lunchtime the FTSE100 index had notched up a gain of 48.8 points to stand at 6,589.7. Mid-cap stocks are also firmer, ...
Savers benefit from rate rise
- 2007-01-01
Interest rates on National Savings & Investments (NS&I) products have increased by up to 0.25 per cent following November's hike in the Bank of England base rate from 4.75 to 5 per cent. NS&I's variable-rate products will all be affected, except for the Direct ISA, which was raised on 9...
Leeds & Holbeck bolsters its Isa range.(Leeds & Holbeck Building Society)(Brief Article)
- 2005-07-07
LEEDS & Holbeck Building Society has launched a three-year tracker Isa and Tessa-only Isa to its existing one and two-year tax-free range. The three-year product, which includes a one-year fixed rate and a two-year base rate tracker, offers a combination of a good return...
New Product - Fixed-rate offset at regular prices.(John Charcoal)(Brief Article)
- 2005-05-19
JOHN Charcol has launched a fixed-rate offset mortgage that offers daily interest calculation and a rate of under 5 per cent. The offset product is fixed until 31 July 2007 at 4.99 per cent. The rate then reverts to the Bank of England base rate...
House prices will not crash.
- 2005-05-05
ACCORDING to Bank of England figures, the number of new mortgage approvals during March was the highest in seven months. The sudden about-turn came as a surprise not only to the BoE, but to those pundits who have been predicting for the past few years...
New Product - Age Concern mortgage works to release equity.(Brief Article)
- 2005-01-27
AGE Concern has launched an equity release product with the option of a lump sum, a monthly income or both. The Age Concern Lifetime Mortgage does not have an arrangement fee and is aimed at retirees who only need or want to borrow modest amounts....
British analysts offer mixed forecasts of base lending rates.
- 2004-11-10
Daily Mail, London Knight Ridder/Tribune Business News Nov. 10--Last week, the Bank of England kept base rate at 4.75 percent for the third month running. Now economists are divided as to whether it will go any higher as house prices appear to be...
Daily Mail, London, saving and investing column.
- 2004-10-20
By Sylvia Morris, Daily Mail, London Knight Ridder/Tribune Business News Oct. 20--Monthly income seekers can earn more than 5 percent before tax in fixed-rate and variable-rate accounts. Rates offered by fixed interest accounts have dropped in the past few ...
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
-
BoE Bean-cbanks need tools to tackle asset prices
-
BOE's King Sought Even More Stimulus
-
Division within BOE surprises markets
-
BoE split on size of monetary stimulus
-
BoE split on QE stimulus rise; King wanted more
-
UPDATE 3-BoE split on QE stimulus rise; King wanted more
-
UPDATE 2-UK cbankers split on stimulus rise; King wanted more
-
UK cbankers split on stimulus rise; King wanted more
-
BoE split on 50 bln QE increase, King wanted 75 bln
-
UPDATE 1-BoE split on 50 bln QE increase, King wanted 75 bln
-
UK Business Credit Availability Is Hitting Consumers Too
-
BOE Aug Minutes: Governor King Voted For GBP200 Billion Bond Buying
-
BoE MPC voted 6-3 for 50 bln QE increase, King wanted 75 bln
-
RPT-PREVIEW-BoE QE vote seen unanimous; fireworks if any split
-
PREVIEW-BoE QE vote seen unanimous; fireworks if any split
-
UPDATE 1-BoE's Sentance sees UK return to growth in '09-paper
-
Is Britain's Economy on the Mend?
-
King raises stakes in UK inflation gamble
-
The impact of quantitative easing: When to call a halt
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
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 | |
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Senator Dodd Is Saving Lenders From Themselves 3 votes
