UK lawmakers highlight lack of market expertise on FPC

Houses of Parliament

An influential group of parliamentarians voiced misgivings about the choices of two of the external members appointed to the interim Financial Policy Committee (FPC).

The Treasury Select Committee said in a statement on Tuesday said that it was "not so clear" that Alastair Clark, a visiting professor at Cass Business School and one of four external members of the FPC, "had the necessary direct experience to be a member".

They also queried the reluctance of Michael Cohrs, the former co-head of

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