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Bank of England

Bank of England

Founded in 1694, the Bank of England is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank’s mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.

What does the Bank of England do?

The Bank of England is a diverse organisation, made up of approximately 3600 people. The Bank acts as banker to the Government. We are still owned by the Government, but we set monetary policy independently.

Watch this video to learn more.

The Bank’s Strategic Plan: Vision 2020

We launched our new Strategic Plan, Vision 2020, on 15 May 2017. This three-year plan builds on the One Bank Strategic Plan we launched in 2014.

Our timeless mission is grounded in the Bank’s original 1694 charter: ‘promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.’ In March 2014, we set out an ambitious and wide-reaching One Bank strategy. This strategy underscored the importance of working together for our single, shared mission supported by four pillars: Diverse and Talented, Analytic Excellence, Outstanding Execution and Open and Accountable.  Under our One Bank Strategy, we ensured the successful integration of the Prudential Regulation Authority in to the Bank, implemented the recommendations in the Warsh Review, resulting in ‘Super Thursday’, created a new Research Hub and the launched the Bank Underground blog amongst many other achievements.

Now we are underpinning our pillars with two new platforms as part of Vision 2020: How We Communicate and How We Work.  Vision 2020 is about what further changes we need to implement in order to continue to deliver our mission.

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Benefits at Bank of England

List of all the benefits that Bank of England are offering their employees. Benefits may vary depending on role, location and length of service.

  • On site gym
  • Pension Scheme
  • Childcare Vouchers
  • Dental Insurance
  • Holiday - Up to 25 days
  • Buy/Sell holiday 
  • Cycle2Work
  • Bonus Scheme
  • Life Assurance
  • Onsite Wellness Centre
  • Travel Insurance
  • Income Protection
  • Interest Free Annual Season Ticket Loan
  • Personal Accident Insurance
  • Partner Life Assurance
  • Critical Illness Insurance
  • Subsidised restaurant and cafés
  • Flexible Working
  • Private Medical Insurance
  • Give As You Earn (GAYE)
  • Permanent Health Insurance

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