New Bank of England committee member starts today

UK - The Bank of England's nine strong Monetary Policy Committee (MPC) has a new member from today, 1 June. Kate Barker, previously of the Confederation of British Industry, will replace DeAnne Julius who has served on the committee since 1997.

Kate Barker is from a business background and is expected by many to take a dovish line on interest rate setting. Her appointment has raised some concerns that she may have a pro business bias but it remains to be seen how she fits in as a member of the

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