Ben Broadbent, a deputy governor of the Bank of England, has apologised after commenting that the UK economy had entered a “menopausal” phase. Broadbent, a former economist at the investment bank Goldman Sachs, is considered a potential successor to the Bank’s governor, Mark Carney. In an interview with The Telegraph, Broadbent explained that the term “climacteric”, used by economic historians, meant “menopausal, but can apply to both genders. He said: “I was referring to the fact that, in my view, we are entering into what I would call a ‘menopausal period’. The remark was widely criticised. Broadbent has since issued a statement apologising for his “poor choice of language”.
Ben Broadbent, a deputy governor of the Bank of England, has apologised after commenting that the UK economy had entered a “menopausal” phase. In an interview with The Telegraph, Broadbent explained that the term “climacteric”, used by economic historians, meant “menopausal, but can apply to both genders. He said: “I was referring to the fact that, in my view, we are entering into what I would call a ‘menopausal period’. The remark was widely criticised. Broadbent has since issued a statement apologising for his “poor choice of language”.