Bank of England to lay off up to 100 staff

Bank of England

The Bank of England (BoE) will lay off up to 100 people as part of an effort to make operations at the central bank cheaper and more efficient, following a review by management consultancy Deloitte.

The overhaul of the bank's central services division, comprising areas such as IT, security and human resources, will "allow more resources to be devoted to the bank's expanded range of responsibilities", the BoE says in a statement released on Friday. The bank has served as the UK's principal pruden

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: