THE Financial institution of England has spent greater than £8million on tech so workers can earn a living from home.
Bosses blasted for poor financial forecasting have splashed out since the price of dwelling disaster started.
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A complete of £6.75million has gone on 6,728 laptops, £1.6million on 2,831 mobiles and £167,390 on 237 tablets since 2021, Freedom of Data figures present.
The Financial institution — blasted for wrongly predicting a two-year recession, and failing to chop rates of interest — lets its 5,000 workers do exactly two days per week on the workplace as a part of a “hybrid” plan.
Patrick Sullivan, chairman of the Parliament Avenue suppose tank, blasted the spending on tech that permits the WFH tradition.
He mentioned: “It’s no shock that inflation has surged uncontrolled when senior officers are splashing thousands and thousands on distant working in a price of dwelling disaster.
“As an alternative of embarking on this wild spending spree, the BoE ought to order layabout workers again into the workplace.”
A spokesman for the Financial institution, whose governor is Andrew Bailey, mentioned there was an “expectation” for employees to come back into work 50 per cent of the time.
He added: “The Financial institution has had a versatile working method for a variety of years.
“No matter whether or not workers work within the workplace or remotely, we might have bought this IT gear and telephones.”
