Shareholders of the Bank of England at time of nationalisation

Bank of England did not have the information requested.

Dear Bank of England,

I would like to know the names of the major shareholders of Bank of England stock when it was nationalised by the Government.

To simplify matters for you a list of those owning more than 5% would be sufficient, thus limiting the number to a maximum of 20.

These private stockholders were receiving dividends of 12%. The Government issued them with notes paying 3% but giving them four times the number of notes than they had in stock, meaning they were still being paid 12%. Why was this done, was it an attempt to deceive the public into thinking the stockholders were only receiving 3%?

Yours faithfully,

Derek C Job

Enquiries, Bank of England

Dear Mr Job

We acknowledge receipt of your email dated 28 September below (our ref: CAS-25676-L7R6K0).

We will reply in due course.

Yours sincerely

Information Access Team, Communications Directorate
Bank of England | Threadneedle Street | London EC2R 8AH | +44 20 3461 4878

show quoted sections

Enquiries, Bank of England

Dear Mr Job

We acknowledge receipt of your email dated 28 September below (our ref: CAS-25676-L7R6K0).

We will reply in due course.

Yours sincerely

Information Access Team, Communications Directorate
Bank of England | Threadneedle Street | London EC2R 8AH | +44 20 3461 4878

show quoted sections

Enquiries, Bank of England

1 Attachment

Dear Mr Job

Please find attached response to your email dated 28 September below.

Yours sincerely

Information Access Team, Communications Directorate
Bank of England | Threadneedle Street | London EC2R 8AH | +44 20 3461 4878

show quoted sections