Fury as Bank of England spends £8million to allow office staff to work from home

13 June 2024 , 19:45
1280     0
Insiders have revealed The Bank has had a flexible working approach for a number of years
Insiders have revealed The Bank has had a flexible working approach for a number of years

THE Bank of England has spent more than £8million on tech so staff can work from home.

Bosses blasted for poor economic forecasting have splashed out since the cost of living crisis began.

The Bank of England has spent more than £8million on tech so staff can work from home qhidqhiqkiqrprw
The Bank of England has spent more than £8million on tech so staff can work from homeCredit: Alamy
A representative of Andrew Bailey, Governor of The Bank, pictured, said there was an 'expectation' for staff to come into work 50 per cent of the time
A representative of Andrew Bailey, Governor of The Bank, pictured, said there was an 'expectation' for staff to come into work 50 per cent of the timeCredit: Reuters

A total of £6.75million has gone on 6,728 laptops, £1.6million on 2,831 mobiles and £167,390 on 237 tablets since 2021, Freedom of Information figures show.

The Bank — blasted for wrongly predicting a two-year recession, and failing to cut interest rates — lets its 5,000 staff do just two days a week at the office as part of a “hybrid” plan.

Patrick Sullivan, chairman of the Parliament Street think tank, blasted the spending on tech that enables the WFH culture.

From tongue scraping to saying no, here are 12 health trends to try in 2023From tongue scraping to saying no, here are 12 health trends to try in 2023

He said: “It’s no surprise that inflation has surged out of control when senior officials are splashing millions on remote working in a cost of living crisis.

“Instead of embarking on this wild spending spree, the BoE should order layabout staff back into the office.”

A spokesman for the Bank, whose governor is Andrew Bailey, said there was an “expectation” for staff to come into work 50 per cent of the time.

He added: “The Bank has had a flexible working approach for a number of years.

“Regardless of whether staff work in the office or remotely, we would have purchased this IT equipment and telephones.”

Ashley Armstrong

England, UK interest rates and inflation, The Sun Newspaper, jobs, Inflation, Homes, Energy bills, Cost of living, Coronavirus, Bills, Bank of England

Read more similar news:

01.01.2023, 00:01 • UK News
How to de-clutter if you have a beauty stash to last you a lifetime
01.01.2023, 00:03 • World News
I want to help young primary pupils with their warring parents
01.01.2023, 00:06 • Crime
Girlfriend lost it when I asked to try BDSM then revealed past abuse
01.01.2023, 00:09 • Showbiz
I want my girlfriend to try dirty talk but she won't do it
01.01.2023, 00:33 • World News
We've put shampoos and conditioners to the test to help your hair glimmer
01.01.2023, 01:23 • World News
Bill Cosby sued by model who claims he drugged and attacked her
01.01.2023, 19:42 • Sport
Ex-Premier League star, 39, declared bankrupt after racking up £1m debts
01.01.2023, 20:00 • Sport
Most watched UK telly broadcast of 2022 revealed
01.01.2023, 20:01 • World News
Question Time legend David Dimbleby reveals he was a target of a kidnap plot
01.01.2023, 21:00 • UK News
Hard-working Brits at risk of losing jobs because of crippling rail strikes