The Bank of England has promised MP's it will revisit rules regarding membership of its monetary policy committee (MPC), following concerns we highlighted over the MPC appointment of Gertjan Vlieghe, a former senior economist at the hedge fund Brevan Howard. In an interview with BBC Radio 4's Today programme, Mr Carney said he was "disappointed" by the decision to appoint Mr Vliege, who is also a member of the European Central Bank's executive board.
The Bank of England has promised MP's it will revisit rules regarding membership of its monetary policy committee (MPC), following concerns we highlighted over the MPC appointment of Gertjan Vlieghe, a former senior economist at the hedge fund Brevan Howard. Upon his appointment in July, Mr Vlieghe announced he would stay on at the fund, however, he has since agreed to be bought out to avoid a conflict of interest.