Date: 11 March 2026
Disclosure:
‘The number of staff, by grade who have applied to the resignation scheme’
‘If at the time of response available, the number of applications rejected and accepted, by grade, respectively.’
The table below shows the number of eligible applications submitted to the MAR scheme by the date and time of application close, along with the number of applications accepted and rejected by the Bank. Please note that some applications were withdrawn following the initial application; therefore, the total number of applications may not equal the sum of those accepted and rejected for each grade.
Low numbers between 0 and 6 have been withheld from disclosure under section 40(2) (personal information) of FOIA to avoid identification of individuals.
| Grades |
Total number of eligible applications |
Total number of applications accepted |
Total number of applications rejected |
|---|---|---|---|
| Scale C+ |
17 |
16 | S40 |
| Scale D |
105 | 79 | 21 |
| Scale E |
169 | 121 | 45 |
| Scale F |
165 | 108 | 57 |
| Scale G+GP |
90 | 58 | 29 |
| Scale H+HF |
60 | 40 | 19 |
| Scale I+IF |
83 | 53 | 29 |
| Scale J+K |
23 | 18 | S40 |
‘Copies of any and all board minutes regarding the scheme’
The following Court of Directors meeting minutes are published on the Bank’s website. Both meetings contained updates on the MAR scheme.
- Minutes of the Meeting of the Court of Directors held on 28 October 2025
- Minutes of the Meeting of the Court of Directors held on 9 December 2025