The Impact of Brexit on the Bank of England and Business Operations

This report examines the significant impact of Brexit on the Bank of England, focusing on the challenges and strategic responses in a post-Brexit environment. It analyzes how the Bank of England is affected by changes in economic factors such as exchange rates, inflation, and interest rates. The report discusses the bank's decision to potentially relocate business operations to China to mitigate the impact of Brexit, considering potential issues related to employees, business operations, and government interference. The conclusion highlights the importance of strategic planning to navigate the complexities of Brexit and similar business challenges. The report also includes references to relevant academic sources and online resources discussing the implications of Brexit on the banking sector.

Studying for Higher education

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY ..................................................................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Industry in a future period of time are facing of with some major challenges or issues,
which in reality requires urgent level of solution in order to gather development of a same. Here,
industry regulation is one most necessary arguments which put its major focus on development
of it in future period of time (Drysdale and et. al., 2013). This brief report will be carry forward
in context of bank of England and also this will be show how after Brexit, business functioning
will be react or if business will launched to china, what will be impact and suggestion of major
opinions.
MAIN BODY
Bank of England is the central bank of the United Kingdom and it is the role model of
modern central banks. Most of the modern banks are based on the bank of England. The bank
was founded in the year 1694 and was centralised by the UK government in the year 1946. After
the leaving of UK from European Union, most of the companies or organisations of UK are
negatively impacted which leads to their reduced productivity and profitability. Due to the
Brexit, Bank of England is also facing the various issues which are impacting the investors,
employees and customers of bank. Due to the Brexit, the economic growth, exchange rates,
inflation rates, interest rates, etc. of the UK are changed which is simultaneously impacting the
profitability of bank too. Due to these increased factors or rates, Bank of England has decided to
move the business operations to China (Sakenov and et. al., 2012). This moving of operations is
decided for reducing the impact of Brexit on the business operations and productivity of the firm.
But due to the relocation, Bank can face various issues associated with the employees, business
operations and government interference. Some of these issues are as follows:
Due to the relocation of Bank, existing employees of bank in the UK can feel that their role in
UK is now redundant and due to this they have to seek for new alternative or jobs. This can
negatively impact the Bank as the employees may feel dissatisfied which can impact the
image of Bank of England in China nation (Breslow and et. al., 2013).
The impact on investors of Bank of England will vary based on the activities performed by the
bank. The bank is providing their services to their clients in UK countries from a UK base
and the company needs to adjust their organisational structure accordingly so that their

access to markets can be maintained.

CONCLUSION
From this brief report, it is concluded that Brexit has major impact on business to struggle
a lot after business break down failure of the business process at a greater and optimised stage of
working. This will be prominent to use strategic planning which can be used to avoid impact of
Brexit or while business entering into any other nations.

REFERENCES
Books and Journals
Sun, H. and Richardson, J. T., 2012. Perceptions of quality and approaches to studying in higher
education: a comparative study of Chinese and British postgraduate students at six British
business schools. Higher Education. 63(3). pp.299-316.
Breslow, L., and et. al., 2013. Studying learning in the worldwide classroom research into edX's
first MOOC. Research & Practice in Assessment. 8. pp.13-25.
Sakenov, D., and et. al., 2012. Preparation of students of higher education institution for
professional activity in the course of studying of pedagogical disciplines. World applied
sciences journal. 19(10). pp.1431-1436.
Drysdale, J.S., and et. al., 2013. An analysis of research trends in dissertations and theses
studying blended learning. The Internet and Higher Education. 17. pp.90-100.
Cox, K., and et. al., Student assessment in higher education: a handbook for assessing
performance. Routledge.
Online
Implication of the Brexit in banking sector, 2018. [Online]. Available through:
<https://www.oxera.com/agenda/brexit-implications-for-the-banking-sector/>