HM Treasury Press Release Feb 27, 2003

PRESS RELEASE - Bank of England appointments - The Queen has been pleased to appoint, under the Bank of England Act 1998, Rachel Lomax as Deputy Governor of the Bank of England (Monetary Policy), in succession to Mervyn King, 27 February.

Source: HM Treasury

Welcoming the appointment the Chancellor, Gordon Brown, said:

"I am very pleased that Rachel Lomax has been appointed as the new Deputy Governor for Monetary Policy. She has a hugely impressive track record as an economist and departmental

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