Bank of England: 446 jobs
- Jobs
- 446 (UK)
- Announced
- 8 December 2025
- Status
- Confirmed
- Reason category
- Costs
The Bank of England will see 446 employees leave in the coming months after more than 700 applied for a voluntary exit scheme launched in December to cut costs and fund a major overhaul of the central bank’s economic forecasting systems.
- Costs
- Where
- Not stated
- Source coverage
- Two or more publisher groups
- Sources
- 4 sources from 4 publisher groups.
Sources
| Publisher | Headline | Date |
|---|---|---|
| Bloomberg | https://www.bloomberg.com/news/articles/2025-12-08/bank-of-england-plans-staffing-cuts-because-of-budget-pressures | 8 December 2025 |
| The Guardian | Bank of England cutting jobs as part of overhaul after critical Bernanke review | 8 December 2025 |
| news.bloomberglaw.com | https://news.bloomberglaw.com/banking-law/bank-of-england-cuts-8-of-headcount-in-push-to-slash-costs-1 | 9 March 2026 |
| fstech.co.uk | Bank of England to lose nearly 450 staff in overhaul | 10 March 2026 |
Changes to this page
| Date | What changed | Supporting evidence |
|---|---|---|
| 11 Oct 2026 | First public announcement changed from 1 December 2025 to 8 December 2025. | Bloomberg public original preview |
| 11 Oct 2026 | Announcement status changed from Proposed to Confirmed. | Bloomberg public original preview |
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