Description | Includes: notes and correspondence on the Bank's income, profits, projections, dividend and reserves; drafts of accounts; notes of meetings with the Treasury (HMT); extracts from Court Minutes and Committee of Treasury Minutes; notes of internal Bank meetings; notes on negotiations; papers on the financing of Johnson Matthey Bankers (JMB); cash ratio deposits; background [Treasury] paper on the dividend formula, including a brief history; correspondence between Nigel Lawson and the Governor (Robin Leigh -Pemberton); National Audit Office (NAO) Reference Sheet on the Bank of England payments to the Treasury in Lieu of Dividend, 27 March 1985; note summarising the NAO Reference Sheet which is regarded as mostly factual detailing 'the background to the requirement for the bank to make half-yearly payments to the Treasury, the basis of which the 1946 Act Dividend was arrived at and the actual amounts (interim and final) paid since 1971'. |