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Bank of England's Overview

Total employees5928
HeadquartersLondon
Founded1694

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 in 1946, and gained operational independence to set monetary policy in 1997. Its mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability. Key responsibilities include setting the UK's main interest rate (Bank Rate), issuing banknotes, supervising financial institutions, and working to maintain a stable financial system. It plays a crucial role in the UK economy through its Monetary Policy Committee (MPC), Financial Policy Committee (FPC), and Prudential Regulation Authority (PRA).

Where is Bank of England's Headquarters?

HQ Function

The headquarters serves as the central hub for all the Bank's operations, including monetary policy formulation, financial stability oversight, banking services, banknote issuance, and prudential regulation.

Notable Features:

The current building, designed by Sir Herbert Baker, was completed in 1939. It features a distinctive windowless exterior wall for security, a hidden courtyard garden, and extensive gold vaults beneath the building. The architecture combines classical elements with modern (for its time) functionality.

Work Culture:

The work culture at the Bank of England is generally described as professional, analytical, and mission-driven, with a strong emphasis on public service, integrity, and intellectual rigor. Employees often have backgrounds in economics, finance, and policy.

HQ Significance:

The headquarters is historically and economically significant, being the physical centre of UK monetary policy and financial regulation for centuries. Its location on Threadneedle Street has made the street's name synonymous with the Bank itself.

Values Reflected in HQ: The imposing and secure architecture reflects the Bank's stability, authority, and responsibility. The commitment to public service and transparency (within appropriate limits for market sensitivity) is also a key value.

Location:

While its primary focus is the UK, the Bank of England has a significant global presence through its active participation in international financial institutions and forums. This includes the Bank for International Settlements (BIS), the Financial Stability Board (FSB), the G7, G20, and the International Monetary Fund (IMF). It collaborates with other central banks worldwide on issues of monetary policy, financial stability, regulation, and economic research. Its work influences and is influenced by global economic trends and regulatory developments.

Street Address:

Threadneedle Street

City:

London

State/Province:

England

Country:

United Kingdom

Bank of England's Global Presence

Leeds, England, United Kingdom

Address: King Street, Leeds, LS1 2HQ

To improve understanding of regional economic conditions, enhance engagement with businesses and communities in the North of England, and attract diverse talent.

Debden, Essex, United Kingdom

Address: Langston Road, Loughton, Essex, IG10 3TN

Primary location for the printing of all Bank of England banknotes, ensuring the supply and integrity of physical currency in the UK.

Various Locations, United Kingdom

Address: Locations not publicly detailed for security reasons.

To ensure the efficient and secure distribution of cash throughout the United Kingdom, maintaining the integrity of the currency supply chain.

Buying Intent Signals for Bank of England

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Bank of England

As of April 2025, Bank of England' leadership includes:

Andrew Bailey - Governor
Sarah Breeden - Deputy Governor, Financial Stability
Ben Broadbent - Deputy Governor, Monetary Policy (term ends 31 August 2024)
Clare Lombardelli - Deputy Governor, Monetary Policy (takes office 1 July 2024)
Sir Dave Ramsden - Deputy Governor, Markets and Banking
Ben Stimson - Chief Operating Officer
Huw Pill - Chief Economist and Executive Director, Monetary Analysis
Afua Kyei - Chief Financial Officer
Nathaniel Benjamin - Executive Director, Authorisations, RegTech and International Supervision
Charlotte Gerken - Executive Director, Insurance Supervision
James Proudman - Executive Director, UK Deposit Takers Supervision

Investors of Bank of England

Bank of England has been backed by several prominent investors over the years, including:

HM Treasury (on behalf of the UK Government). The Bank of England was nationalised in 1946 and is wholly owned by the UK government. Its capital is held by the Treasury Solicitor on behalf of His Majesty's Treasury.

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

The Bank of England has seen key transitions in its executive team over the past year, including a new Deputy Governor for Financial Stability and an upcoming change for the Deputy Governor for Monetary Policy.

Departures

Sir Jon Cunliffe, Sir Jon Cunliffe's term as Deputy Governor for Financial Stability ended.

New Appointments:

Sarah Breeden, Sarah Breeden appointed as Deputy Governor for Financial Stability, succeeding Sir Jon Cunliffe.
Clare Lombardelli, Clare Lombardelli will take up the role of Deputy Governor for Monetary Policy.

Technology (Tech Stack) used by Bank of England

Discover the tools Bank of England uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Bank of England Email Formats and Examples

The Bank of England typically uses a standard email format for its employees. While not officially published, the most common pattern observed is [firstname].[lastname]@bankofengland.co.uk. Variations might exist for specific departments or roles.

[firstname].[lastname]@bankofengland.co.uk

Format

andrew.bailey@bankofengland.co.uk

Example

75%

Success rate

News and media

Bank of England2024-05-09

Bank of England Monetary Policy Summary and Minutes - May 2024

The Monetary Policy Committee (MPC) voted by a majority of 7-2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank Rate by 0.25 percentage points, to 5%. The Committee noted that CPI inflation is expected to return to close to the 2% target in the near term but will increase slightly in the second half of this year....more

Reuters2024-03-21

Bank of England holds rates at 5.25%, sees inflation falling faster

The Bank of England kept interest rates at a nearly 16-year high of 5.25% as most of its policymakers said they still needed more evidence that inflation pressures were abating before they could consider cutting borrowing costs....more

Financial Times2024-04-24

Bank of England official signals willingness to diverge from Fed on rate cuts

Huw Pill, the Bank of England’s chief economist, signalled the UK central bank could diverge from the US Federal Reserve and cut interest rates even if its American counterpart holds borrowing costs higher for longer....more

Bank of England2023-12-07

Clare Lombardelli appointed as Deputy Governor for Monetary Policy

Clare Lombardelli has been appointed as the next Deputy Governor for Monetary Policy at the Bank of England. She will join the Bank on 1 July 2024, succeeding Ben Broadbent whose second term as Deputy Governor ends on 31 August 2024....more

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