Central Banking

Brown promises transparency on MPC appointments

Gordon Brown, Britain's Prime Minister designate, has vowed to make the process of appointing the Bank of England's Monetary Policy Committee members more transparent, including an open invitation to candidates.

Brown, who is crrent the the Chancellor of the Exchequer, revealed the new plans during his last meeting with the House of Commons Treasury Committee. Critics of the way the Chancellor appoints the four "external" MPC members suggest that it process is confusing and secretive, and und

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: