Panellists' ‘shock’ at lack of investigation of BoE failings

The Bank of England in the City of London

Panellists invited to give evidence to the Treasury Committee expressed "shock" that no national-level investigation into the Bank of England's handling of the financial crisis has taken place.

The Treasury committee held two meetings to gather evidence for its inquiry into the Accountability of the Bank of England for the financial crisis in the UK.

Speaking on Monday, Bob Garratt, a professor at the Cass Business School, said he was "shocked" and "amazed" that no review of "what went wrong"

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