Bank research casts doubt on MPs' scrutiny

UK - Bank of England staff have investigated whether parliamentary scrutiny is as onerous in other countries after being wounded by the ferocity of parliamentary confirmation hearings for those nominated to the monetary policy committee.

The Financial Times on Monday reported that results of their research published today pointedly conclude that "generally, there is no requirement for a parliamentary check on [the] appointments procedure".

In addition, Bank of England officials are forced to ap