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

  • Crisis measures boosting central banks' bottom line

    9/14/09 - Financial Announcement - 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

  • US economist joins Bank of England rate-setters

    6/16/09 - Mgmt. Change Entering - Other - View Story

  • Britain appoints Posen to replace Besley on BoE's MPC

    6/16/09 - Board Member - Entering - View Story

News & Analysis

bank of england and u.k. - All News and Analysis

  • Home losses 'not as high

    - 2008-05-15

    HOME repossessions will not reach the levels seen in the early 1990s, despite the tough challenges ahead for the UK economy, Bank of England Governor Mervyn King has said. Falling house prices and dearer mortgage deals from lenders have raised fears that thousands more borrowers could lose their homes...

    Tags: Bank of England, borrower, FINANCE, Governor, Mortgages, recession, U.K.

  • Northern Rock example, The

    - 2008-05-01

    Following last month's introduction, Marcus Johnson gives answers to some of the burning questions around the Northern Rock affair: Whose fault was it? Will it happen again? What should the Government do? He commends the nationalisation of Northern Rock and suggests returning bank supervision to the Bank of England. ...

    Tags: bank, Bank of England, FINANCE, Government, mortgage, Mortgages, Regulation, regulation, U.K.

  • Timeline: credit crunch.

    - 2008-04-24

    Byline: Stefanie Ives Sub-prime collapse: August 2007 to April 2008 21 August: Barclays Bank borrows GBP314m from the Bank of England's standing lending facility, the first use of the penalty rate facility since the credit crisis began. 30 August:...

    Tags: bank, Bank of England, Barclays Plc., U.K.

  • UK

    - 2008-04-01

    Highlights and Key Issues * The credit crunch has entered a third, more intense, phase. Despite the Bank of England reducing interest rates to 5.0% in April and increasing the supply of liquidity, 3-month Libor rates have risen to almost 6% and mortgage providers have been aggressively tightening their lending...

    Tags: Bank of England, FINANCE, food, Manufacturing, recession, U.K.

  • UK

    - 2008-04-01

    Highlights and Key Issues * The credit crunch has entered a third, more intense, phase. Despite the Bank of England reducing interest rates to 5.0% in April and increasing the supply of liquidity, 3-month Libor rates have risen to almost 6% and mortgage providers have been aggressively tightening their lending...

    Tags: Bank of England, FINANCE, food, recession, 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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