Regulation

Bank of England spends £15m on Bloomberg Terminals

Threadneedle Street has secured access to the data giant’s iconic screens for another four years

A contract renewal for Terminals is dated just a day after the Bloomberg data feed suffered a major outage
A contract renewal for Terminals is dated just a day after the Bloomberg data feed suffered a major outage Photo: Getty Images/Tetra images RF

The Bank of England is spending more than £15m on Bloomberg Terminals over the next four years, contract documents reveal.

Threadneedle Street has renewed its deal with the data giant until March 2030, according to a notice published on its contracts portal.

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