Bank of England operations could leave London under Labour government
Report envisages BoE’s regional offices becoming part of national investment strategy
Parts of the Bank of England could move to the city of Birmingham under a Labour government, following proposals set out in a report commissioned by the UK’s official opposition party.
The recommendations include moving “some” BoE functions away from London, to sit alongside a “National Investment Bank” and a “Strategic Investment Board” in Birmingham, the UK’s second most populous city. The three institutions would be tasked with funnelling investment towards the UK’s smaller and more
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