Bank of England

Description

Our commitment to the Armed Forces Covenant

The Governor and Company of the Bank of England recognises the value serving personnel, reservists, veterans and military families bring to our business. We will seek to uphold the principles of the Armed Forces Covenant, by:

  • Promoting the fact that we are an armed forces-friendly organisation;
  • We will continue to review our HR policies to ensure they support (in particular) the leave requirements that Reservists have, as well as ensuring appropriate support for families and service leavers;
  • Supporting the internal employee network (Bank Employees That Served), ensuring there is a space for Reservists, Veterans and their families to build a network within the Bank; 
  • Seeking to support the employment of veterans young and old and working with the Career Transition Partnership (CTP), in order to establish a tailored employment pathway for Service Leavers. The Bank remains committed to apprentices and would look to ensure that individuals who have served would be considered for employment via this route;
  • Striving to support the employment of Service spouses and partners; 
  • Endeavouring to offer a degree of flexibility in granting leave for Service spouses and partners before, during and after a partner's deployment through flexible working  practices, special leave arrangements and review of policies to enable these objectives to be met.

About us

We are the UK’s central bank. One of our main jobs is to make sure you can pay for things easily and securely in the UK. So we produce banknotes (cash) and oversee many of the other payment systems you use (eg with a debit or credit card). We also work to keep the cost of living stable so your money keeps its purchasing power. One way we do this is by changing the main interest rate in the UK. And we regulate UK banks and other financial firms so you know they are safe and sound.