[MoF] Bank of England - Financial Report 8th August to 15th August
Bank of England
The Books
Treasury: £1,026,815.00 ---> £1,075,673 .87 (as of 11:30 Day 3,191)
Long-Term Deposits (Woldy's Angels Act): £400,000.00
Government Organisations: £188,598.88 (300.84 Gold) (*£166,997.38 on MM)
Tax Income: £87,492.22
Loaned Organisations Income: £0.00
Government Article Advertisement Income: 0.00 Gold
Bank of England Trust MM Scheme Income: £199,873.47 ---> £207,573.52
Bank of England Government MM Scheme Income £3,197.59 ---> £14,138.35
MPP Fees: £40,000.00 (Spain, Indonesia, Germany & Bulgaria)
Remaining Allocation for National Military Unit £250,000.00 (Held by NMU)
Introduction
Your second report of the term from the Ministry of Finance.
Market Log
A look at recent market trends. . .
Revenue
A track on what is recorded on the USA's and our Country > Economy Page
Bank of England Monetary Market Trust
As a reminder the Ministry of Finance is taking advantage of the increased demand on gold price on the monetary market by opening a Bank of England Trust for citizens and allies to invest in. The Ministry of Finance is currently posting offers although is exercising extreme caution and implementing increasing monitoring of market conditions for reasons explained in the market trends section.
Ten citizens have invested into the Trust and monetary market offers placed from a number of eUK Government Organisation reserved for use by the Bank of England. The monetary market profits have been agreed to be split 60% to the citizen and the remaining 40% for the Treasury to reinvest/store in reserves. Any monetary market profits made will be reported in future MoF Reports.
Since Day 2,908, the Bank of England Monetary Market Trust has made profits of;
£207,573.52 for the UK
£304,881.68 for private citizens
Please get in touch to discuss this further or declare your interested in investing into a Bank of England Trust.
Ministry of Defence Affiliated Units
Any eUK MU except for the NMU will be able to apply for MoD affiliate status
Affiliate MUs will be required to:
Set their Daily Orders in accordance with MoD Orders, and ensure that their fighters follow those orders.
In Return Affiliate MUs will get:
The ability to claim a 50% Work Tax rebate for their Suppliers, when the tax rate is higher than 3%
Entitlement to receive prizes in National Strikes
Details of rebates issued to Affiliate MUs will be reported via these MoF weekly reports.
Please get in touch with the MoD if you would like discuss your MU becoming a Ministry of Defence Affiliated Unit
Player Support Programme and Training Ground Loans
Upgrading your strength buildings is the best way to earn income as it allows you to receive Super Solider medals much quicker. A Q4 Weights Room & Q4 Climbing Center (without any contract training) earns the most money of any training/contract combination. Together they will earn you 13.38g/month (0.446g/day) after you pay the daily training.
During promotional periods training ground upgrades are reduced;
To upgrade your Weights Room, Climbing Centre, Shooting Range or Special Forces Centre it costs 45% less for each incremental rise is quality.
Historic Trends
A look at some longer term economy figures
Close
For any further information don't hesitate to contact the Ministry.
Huey George - Minister of Finance and Governor of the Bank of England
Comments
Tax Income - £87k
Bank of England Monetary Market Income - £207k
How brilliant is this? Without a doubt Huey is doing a magnificent job at juggling our finances.
Also - I.am one of the ten eUK citizens who have invested cash in the BoE MM investment scheme. This is run in parallel with the Government cash generating machine - and produces large profits for the investors. If you have cash available, making an investment with the BoE is highly recommended!
Voted and endorsed.
Hey there salute from eIndonesia, could I personally join to invest also ? 😃
The Bank of England Trust is open for citizens of allied countries to invest in. Please send me a pm if you'd like to discuss further.
Thank you Certacito
"The Books" section is slightly misleading (unintentionally) as I insert the week on week growth for the Bank of England Monetary Market Income so the figure is across the entire lifespan of the trust; 284 days (since day 2,90😎 while the tax income is the last 7 days total for the UK.
Like for like comparison would be UK Tax Income £3,861,091.91 vs Bank of England Monetary Market Income of £207,573.52 over 284 days or a daily average of £13,547.69 in Tax revenue vs £728.33 in BoE MM Trust Income.
However for the scheme to be earning an equivalent of 5% of the Country taxation revenue is fantastic especially considering the UK only get 40% of the overall profits with the rest going to the investors.
Thank you for your continue investment and thank you for the recommendation of the BoE MM Trust to others o7
Have we repaid Spain?
I don't believe we have re-paid Spain as of yet. I believe Congress has supported the use of safe guarded funds to pay our debt to Spain however I'm unaware of how this will be handled. I will make inquires.
So does nobody rent organisations anymore?
Also what orgs are included in the gold resting in orgs figure?
It does seem that way as I have had no recent interest in the rental of organisations from citizens however some do remain available for rental. Investing in the BoE MM Trust seems to be citizen preferred option over rental.
The Government and Congressional Orgs are included in the gold resting in Orgs figure;
Department for Work
Ministry of Defence
Foreign Office
Bank of England
eUK Home Office
10 Downing Street
Deputy Prime Minister
Speaker of the House
Incidentally I did notice I failed to update the gold figure from last week's MoF report (copy and paste error) so I've amended this error. Bank of England Government MM activity converted some gold into GBP for another MM investment.