Bank of England to lay off up to 100 staff
The Bank of England (BoE) will lay off up to 100 people as part of an effort to make operations at the central bank cheaper and more efficient, following a review by management consultancy Deloitte.
The overhaul of the bank's central services division, comprising areas such as IT, security and human resources, will "allow more resources to be devoted to the bank's expanded range of responsibilities", the BoE says in a statement released on Friday. The bank has served as the UK's principal
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