Speculation on Barker's replacement at BoE

Kate Barker's term on the Bank of England's Monetary Policy Committee is due to end in May. While she could be reappointed, a few names have been aired as potential successors.

The FT named John Muellbauer of Nuffield College Oxford, a specialist in housing economics as a potential replacement for Barker, given the importance of the housing market.

But David Miles, a former City economist and now an academic, who is reviewing the mortgage market for the Treasury, also has strong backing they sa