Connect with us

Hi, what are you looking for?


Bank of England tells staff to come into office once a week

The Bank of England is moving towards a hybrid model of working with staff coming into the office for one day a week from September.

Joanna Place, its chief operating officer, said that the Bank was trialling plans to encourage more flexible working after the pandemic. Staff said that they would like to continue working from home at least two days a week.

The majority of the bank’s 4,000 staff have been working from home since March last year, when the government first urged people to stay at home and avoid unnecessary travel to the office. Place said that only 5 per cent of the bank’s employees continued to come into the office after the government’s guidelines were announced.

Like many other organisations in the country, it is planning for the future and appears to be moving towards a hybrid model, which will include a mix of home and office working. It is trialling a new set of guidelines.

From September staff will be required to come into the office at least one day a week for “team days” but may work from home for the remainder of the week if they wish.

The move will allow workers to engage in collaborative work and build social capital, which the bank’s former chief economist, Andy Haldane, has repeatedly warned could be a casualty of remote working.

“As we look to the future, and (I hope) leave the many lockdown restrictions behind us, we have an exciting and unique opportunity,” Place said. “ The challenge — though daunting — is to learn from the many successes we have collected over the past year and use them as a springboard to build more effective, collaborative and flexible organisations. Our staff deserve as well as demand this.”

Read more:
Bank of England tells staff to come into office once a week

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



Lowering VAT charges on fuel may be politically attractive but is not good news for those who will struggle the most, say leading tax...


An estimated 3 per cent of the workforce was signed off in late December and a fifth of businesses reported increased cancellations amid the...


Mark Zuckerberg could be forced to pay most British Facebook users about £50 each if a landmark legal action alleging that the site abused...


France has reopened its borders to British tourists after ministers in Paris eased restrictions on non-essential travel. From this morning, Britons travelling to the...


People struck down with the Omicron variant of the coronavirus are buying so much paracetamol that supplies are running low in many shops. Official...


Covid Passports are to be abandoned within days after Sajid Javid effectively killed off the policy. The health secretary has concluded that Covid-19 certification...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...


As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.