Bank of England: Presidents Club

(asked on 24th January 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will request and publish information from the Bank of England on whether its staff attended the Presidents Club dinner of 18 January 2018.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 29th January 2018

The Bank of England issued a statement on 24 January which confirmed that the Bank was not aware of the Presidents Club Dinner and did not approve any prize for auction at the event. The Bank has had no contact at any point with the Presidents Club or any of the organisers of the event. No member of Bank staff attended the dinner on 18 January.

The Bank did not approve or donate any prize for auction at the event on 18 January. Support for third party fundraisers is prohibited under the Bank’s policy for charitable donations. The Bank have made its policy available at the following link: https://www.bankofengland.co.uk/-/media/boe/files/about/human-resources/charitable-giving-and-inclusion.pdf.

The unauthorised re-auctioning of the prize at the Presidents Club dinner was against the spirit of the original donation. The Bank has therefore made clear that it has been withdrawn.

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