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Bank of England
Glenn Fleetwood made this Freedom of Information request to Cabinet Office
The request was successful.
From: Glenn Fleetwood
13 January 2009
Dear Sir or Madam,
Please could you tell me whether the Bank of England is a public
(i.e. governmental department) or a private body.
Yours faithfully,
Glenn Fleetwood
Cabinet Office
16 January 2009
Dear Mr Fleetwood,
Thank you for your email. The Bank of England gained independence in
1997 when the Government gave the Bank responsibility for setting
interest rates. The Bank of England is not a government department but
is listed under the Freedom of Information Act under: SCHEDULES, Part
VI, as an 'OTHER PUBLIC BODIES AND OFFICES: GENERAL'.
The Act states that:
"The Bank of England, in respect of information held for purposes other
than those of its functions with respect to-
(a) monetary policy,
(b) financial operations intended to support financial institutions
for the purposes of maintaining stability, and
(c) the provision of private banking services and related services."
The Bank of England's publication scheme may be of interest to you and
can be found on their website at the following link:
http://www.bankofengland.co.uk/publicati...
Kind Regards,
Freedom of Information Team
Cabinet Office
show quoted sections
From: Glenn Fleetwood
17 January 2009
Dear Sir or Madam,
Thank you for your help.
Yours sincerely,
Glenn Fleetwood
From: Glenn Fleetwood
19 January 2009
Dear Sir or Madam,
Please could you tell me who set the interest rates pre-1997, and
why it was deemed necessary to give this power to the Bank of
England?
What other things did the Bank of England acquire by gaining
independence, and how did it gain independence(what bills were
passed etc. and by whom)?
Yours sincerely,
Glenn Fleetwood
Cabinet Office
19 January 2009
Dear Mr Fleetwood,
Thank you for you email. However, in the first instance I would advise
you to contact HM Treasury as they are best placed to respond to your
request.
HM Treasury Freedom of Information Team's contact details are as
follows:
Postal address:
Correspondence & Enquiry Unit 2/W1,
reedom of Information Section,
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ
Email address: [email address]
If you would like the Cabinet Office to search for the information you
have requested, please do get back in touch but I believe you will have
more success in contacting HM Treasury.
Kind Regards,
Rebecca Kingston
Freedom of Information Team
Cabinet Office
show quoted sections
From: Glenn Fleetwood
20 January 2009
Dear Sir or Madam,
Thank you. I will contact the Treasury.
Yours sincerely,
Glenn Fleetwood
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