‘Writes a fair hand and appears to be well qualified’ : the recruitment of Bank of England clerks, 1800-1815
Murphy, Anne
(2015)
‘Writes a fair hand and appears to be well qualified’ : the recruitment of Bank of England clerks, 1800-1815.
Financial History Review, 22 (1).
pp. 19-44.
ISSN 0968-5650
The financial strains of the Revolutionary and Napoleonic Wars had a significant impact on the Bank of England. In its position as banker to the state and manager of the state’s debt, it experienced a significant increase in workload and thus was forced rapidly to expand its workforce. From a complement of around 300 in the mid-1780s, the number of clerks employed had increased to over 900 in 1815. Using a unique set of records preserved in the Bank’s archives, this article investigates the backgrounds and skills of the men recruited during the expansion of the early nineteenth century. It finds a significant gap between the skills required by the Bank and the skills possessed by its potential workforce.
Item Type | Article |
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Additional information | This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (http://creativecommons.org/licenses/by/3.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited |
Keywords | banking; recruitment; human capital; skills. |
Date Deposited | 15 May 2025 12:52 |
Last Modified | 30 May 2025 23:59 |
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