Gieve urged to resign from BoE

Sir John Gieve, deputy governor of the Bank of England, is being urged to resign following revelations of financial mismanagement at the Home Office, where he was permanent secretary, The Independent on Sunday reported on 30 April. The report said the gross value of the debits and credits recorded by the Home Office totaled 1.3 times the GDP of the entire planet.

It said a National Audit Office review of the Home Office's accounts for 2004-05 has revealed errors 'so wild that they beggared belief

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