Share this article:

‘From the beach’ | Bank of England plays down criticism of 'work from abroad' HR policy

London Bank district red bus

The Bank of England has defended an HR initiative that allows staff to work abroad, after attempts by critics to paint the policy as inefficient and a cybersecurity risk.

Opponents to the policy, including current and former MPs, suggested that Bank of England officials were “working from the beach.”

A spokesperson for the Bank rubbished the complaints, pointing out that as an organisational footprint, it is typical to expect that some colleagues may need to spend short periods overseas.

Bank of England’s controversial work from abroad policy

Under the policy, eligible employees at the Bank of England are permitted to work from a set of approved foreign countries for up to 40 days per year.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.