Company Directory - Bank of England
Company Details - Bank of England
Bank of England
United Kingdom
The Bank of England is the central bank of the United Kingdom, responsible for overseeing monetary policy, issuing currency, and ensuring financial stability in the country.
CCI Score
CCI Score: Bank of England
9.13
-0.01%
Latest Event
Bank of England Drops Proposed Diversity Rules Amid Regulatory Concerns
The Bank of England decided against implementing new diversity and inclusion rules for City firms to avoid additional regulatory burdens, a move that has raised concerns regarding its commitment to promoting equitable practices and progressive public policy.
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OBJECTOR
Bank of England is currently rated as an Objector.
Latest Events
- MAR122025
The Bank of England decided against implementing new diversity and inclusion rules for City firms to avoid additional regulatory burdens, a move that has raised concerns regarding its commitment to promoting equitable practices and progressive public policy.
- MAR122025
The Bank of England’s regulatory arm opted to forgo enforcing new diversity and inclusion rules for financial firms, choosing instead voluntary initiatives to reduce regulatory burdens. This decision has raised concerns among anti-fascist groups who view strong DEI efforts as essential for combating systemic oppression.
-30
Public and Political Behavior
March 20
The decision by the Bank of England’s regulatory arm to drop mandatory diversity and inclusion rules reflects a retreat from proactive political engagement in promoting DEI. This move aligns with broader deregulation trends and signals a political stance that may prioritize reducing regulatory burdens at the expense of safeguarding underrepresented groups, a stance that can enable authoritarian dynamics.
Top City watchdogs drop new diversity and inclusion rules ...
-40
Business Practices and Ethical Responsibility
March 20
By choosing not to implement mandatory diversity and inclusion regulations, the Bank of England demonstrates a lack of commitment to ethical responsibility and equal opportunity within the financial sector. This decision undermines efforts to enhance workplace equality and protect marginalized communities, potentially contributing to societal conditions that authoritarian forces may exploit.
Top City watchdogs drop new diversity and inclusion rules ...
- MAR122025
The Bank of England announced a 3% inflation-matching pay rise for staff for 2025-26, a move viewed as a significant positive step towards supporting fair labor practices and worker rights.
+80
Labor Relations and Human Rights Practices
March 20
The decision to provide an inflation-matching 3% pay rise is a positive indicator of the Bank of England's commitment to fair labor practices. By ensuring that wages keep pace with inflation, the institution supports worker rights and helps to maintain the economic well-being of its employees. This proactive step aligns with anti-fascist values that champion robust worker protections and fair treatment.
- FEB032025
The published staff handbook outlines comprehensive employee rights, union negotiation protocols, and a commitment to diversity and inclusion, reflecting robust labor practices that support worker protections and oppose authoritarian management practices.
+80
Labor Relations and Human Rights Practices
March 20
The handbook emphasizes collective bargaining, union involvement, and clear standards for employee treatment and diversity. This strong commitment to labor rights helps safeguard worker interests and resists exploitative practices that can underpin authoritarian, fascist approaches to management.
- APR222021
AP News reports that the Bank of England released internal communications revealing that former Prime Minister David Cameron repeatedly lobbied on behalf of Greensill Capital to access a state-backed coronavirus support scheme. The disclosures raise concerns over the interface between political elites and financial policy institutions, suggesting vulnerabilities in safeguarding democratic accountability in public financial support.
-30
Political Contributions and Lobbying Efforts
March 20
The published communications expose how influential political figures used lobbying to push for preferential access to financial support during a crisis. Although the Bank of England was not directly lobbying, its role as a recipient and disseminator of these communications highlights systemic issues that may enable the undue influence of private, politically connected interests over public financial schemes. Such entanglements contribute to an environment that undermines democratic oversight and accountability.
- JUL312017
Bank of England workers went on strike for the first time in 50 years, signaling deep dissatisfaction with labor practices and worker treatment at the institution.
-40
Labor Relations and Human Rights Practices
March 20
The strike by Bank of England workers indicates significant labor unrest and potential neglect of fair labor practices. Given that this is the first strike in five decades, it suggests long-standing issues with worker treatment and engagement. Such labor disruptions undermine the commitment to human rights and ethical labor practices, and from an anti-fascist perspective, reflect an environment where authoritarian management styles may prevail.
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Industries
- 522110
- Commercial Banking
- 523910
- Miscellaneous Intermediation
- 523110
- Investment Banking and Securities Dealing
- 523120
- Securities Brokerage