Quite.
"MPs called on the BoE to ensure the way it is working, systems and culture are brought up to date, which it said should include a revamp of its IT systems."
What a pity they didn't pause to think things through.
"In addition, it pointed to problems incorporating the Prudential Regulation Authority's systems when it absorbed the body in 2014; this led to duplicated applications and the need to integrate large datasets."
And nobody noticed this migration happening. The BoE really needs to make efforts to get their data migrations into the media. They should ask TSB for advice.
Biting the hand that feeds IT
