Bank of England staff working arrangements during the Covid-19 pandemic

Freedom of Information rules mean that, as a public authority, the Bank of England is obliged to disclose certain types of information, both proactively and on request.

Date: 7 December 2020

Disclosure:

How many staff did you have working at your offices on 1 May, 1 September and 1 November? (And how many do you have in total)?

In line with Government guidance, the vast majority of employees of the Bank of England (the ‘Bank’) have been working from home during the Covid pandemic. The table below lists the number of employees working at the Bank on 1 May, 1 September and 1 November 2020 across our three main offices (Threadneedle Street, Debden and Moorgate). The Bank has 16 offices including our Agencies. In our latest Annual Report, as at end February 2020, we reported that we employed 4,447 people.

Date

Number of employees

Friday 1 May 2020

75

Tuesday 1 September 2020

162

Sunday 1 November 2020

31

What policies have you put in place to ensure your staff work from home long term?

The Bank does not have a policy on ensuring employees are able to work from home long term. The Bank has, for a number of years, had in place a flexible working policy allowing colleagues to work flexibly which includes working from home.

How much have you spent specifically on technology and office furniture to allow your staff to work from home? Have you contributed to the running costs of your staff’s home office (heating, lighting, water costs)?’ 

The Bank has allocated a budget of up to £375 per staff member for the cost of office furniture and work-related equipment where needed. During 1 March – 31 October 2020, the Bank reimbursed £598,000, equal to £135 per head based on 4,447 staff. The Bank has not contributed to the home office costs specified above.

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