Bell to leave Bank of England's MPC

The UK Chancellor, Gordon Brown, on Thursday 26 May announced the appointment of David Walton to the Bank of England's Monetary Policy Committee (MPC) to succeed Marian Bell. The appointment will take effect on 1 July.

The Chancellor said:

"I am delighted that David Walton has agreed to join the Monetary Policy Committee. David is one of the UK's leading business economists and is a highly respected commentator on economic affairs in Parliament and more widely. He brings a wealth of practical e

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