Central Banking

MP's criticised by BoE Governor

Bank of England Governor Eddie George has criticised MP's for being too aggressive when they select new members of the monetary policy committee. George thinks that MP's tactics could put-off good candidates from accepting a post with the MPC.

Earlier in the year, Christopher Allsopp, a fellow of New College Oxford, had been selected to replace Charles Goodhart on the MPC. MPs gave him an unfairly rough ride during his first Treasury select committee meeting induction. In fact, they were so un