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BCC: Bank of England Must Strive to Deliver Transparency and Accountability

Commenting on the Bank of England’s announcement of a series of governance enhancements, John Longworth, Director General of the British Chambers of Commerce (BCC), said:

“Businesses will support attempts by the Bank of England to deliver greater transparency and improve accountability. However, with much of business’ uncertainty on interest rates driven by comments made by MPC members outside of official meetings, and often providing conflicting views on rates, we question whether the changes will achieve their intended aim.”

Last modified on Friday, 12 December 2014 09:18

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