BoE's Blanchflower approved by committee

The parliamentary Treasury Select Committee endorsed on Tuesday 30 May David Blanchflower's appointment to the Bank of England's Monetary Policy Committee.

"We are satisfied that Professor Blanchflower fulfils our criteria for appointment of personal independence and professional competence," said the committee's report of a hearing conducted last week.

"The fact that Professor Blanchflower will be dividing his time between the United Kingdom and the United States means he will need to devote p