Letter from the Rt Hon Jeremy Hunt MP, Chancellor of the Exchequer, to the Chair of the Economic Affairs Committee (30 January 2024)
- HC No.
- —
- Published
- 13 Feb 2024
- Items
- 0
- Response
- No response document linked
Select Committee · Economic Affairs Committee
Bank of England: how is independence working?
Status: Closed
Opened: 3 Mar 2023
Closed: 2 May 2024
2 reports
Inquiry scope
Report published 27 November 2023, Government Response published 13 February 2024 and report debated in the House on 2 May 2024.Reports
1st Report - Making an independent Bank of England work better
- HC No.
- —
- Published
- 27 Nov 2023
- Items
- 0
- Response
- Response document linked Read government response ↗
Oral evidence sessions
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| Date | Session and witnesses | Source |
|---|---|---|
| 25 Jul 2023 | Kevin Warsh · US Federal Reserve Board | View ↗ |
| 11 Jul 2023 | Stephen D King · HSBC | View ↗ |
| 4 Jul 2023 | Andrew Griffith MP · HM Treasury, Lowri Khan · HM Treasury, Neil McMurdo · HM Treasury | View ↗ |
| 27 Jun 2023 | Sir John Parker · Bank of England, The Lord Macpherson of Earl's Court GCB · HM Treasury | View ↗ |
| 20 Jun 2023 | David Roberts · Bank of England | View ↗ |
| 13 Jun 2023 | Andrew Bailey · Bank of England | View ↗ |
| 6 Jun 2023 | Charles Goodhart CBE FBA · London School of Economics (LSE), Raghuram Rajan · Reserve Bank of India | View ↗ |
| 23 May 2023 | Howard Davies · NatWest Group, Roger Bootle · Capital Economics | View ↗ |
| 16 May 2023 | Christina Skinner · University of Pennsylvania, Professor Timothy Congdon · Institute of International Monetary Research, at the University of Buckingham | View ↗ |
| 9 May 2023 | Donald Kohn · Bank of England, Martin Wolf · Financial Times | View ↗ |
| 2 May 2023 | Andreas Dombret · Deutsche Bundesbank, Edward Chancellor | View ↗ |
| 25 Apr 2023 | Rt Hon Ed Balls, Rt Hon George Osborne · British Museum | View ↗ |
| 28 Mar 2023 | Professor Sir John Vickers · Oxford University, Sir Paul Tucker · Bank of England | View ↗ |
| 14 Mar 2023 | Chris Giles · Financial Times, Neil Williams · The Official Monetary and Financial Institutions Forum, Ricardo Reis · The London School of Economics | View ↗ |
| 7 Mar 2023 | Professor David Aikman · Qatar Centre for Global Banking and Finance at King's Business School, King's College London, Professor Frederic Malherbe · University College London, Professor Jagjit Chadha · University of Cambridge | View ↗ |
Who gave evidence
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| Witness | Organisation | Sessions |
|---|---|---|
| Andreas Dombret · former Board Member | Deutsche Bundesbank | 1 |
| Andrew Bailey · Governor | Bank of England | 1 |
| Andrew Griffith MP · Economic Secretary to the Treasury | HM Treasury | 1 |
| Charles Goodhart CBE FBA · Emeritus Professor of Banking and Finance | London School of Economics (LSE) | 1 |
| Chris Giles · Economics Editor | Financial Times | 1 |
| Christina Skinner · Professor of Legal Studies and Business Ethics | University of Pennsylvania | 1 |
| David Roberts · Chair of the Court of Directors | Bank of England | 1 |
| Donald Kohn · former Financial Policy Committee member | Bank of England | 1 |
| Edward Chancellor | — | 1 |
| Howard Davies · Chairman | NatWest Group | 1 |
| Kevin Warsh · Former member | US Federal Reserve Board | 1 |
| Lowri Khan · Director of Financial Stability | HM Treasury | 1 |
| Martin Wolf · Chief Economics Commentator | Financial Times | 1 |
| Neil McMurdo · Deputy Director | HM Treasury | 1 |
| Neil Williams · Chief Economist | The Official Monetary and Financial Institutions Forum | 1 |
| Professor David Aikman · Professor of Finance and Director | Qatar Centre for Global Banking and Finance at King's Business School, King's College London | 1 |
| Professor Frederic Malherbe · Professor of Economics and Finance | University College London | 1 |
| Professor Jagjit Chadha · Professor of Economics | University of Cambridge | 1 |
| Professor Sir John Vickers · Professor of Economics | Oxford University | 1 |
| Professor Timothy Congdon · Chairman | Institute of International Monetary Research, at the University of Buckingham | 1 |
| Raghuram Rajan · Former Governor | Reserve Bank of India | 1 |
| Ricardo Reis · Professor of Economics | The London School of Economics | 1 |
| Roger Bootle · Senior Independent Advisor and Non-Executive Director | Capital Economics | 1 |
| Rt Hon Ed Balls | — | 1 |
| Rt Hon George Osborne · Chair of Trustees | British Museum | 1 |
| Sir John Parker · Former Chair Court of Directors | Bank of England | 1 |
| Sir Paul Tucker · Former Deputy Governor | Bank of England | 1 |
| Stephen D King · Senior Economic Adviser | HSBC | 1 |
| The Lord Macpherson of Earl's Court GCB · Permanent Secretary, 2005–16 | HM Treasury | 1 |
Correspondence
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Meetings & visits
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| Date | Type | Detail | Source |
|---|---|---|---|
| 14 Nov 2023 | Formal meeting (private meeting) | — · Room 3-20 Millbank House | |
| 7 Nov 2023 | Formal meeting (private meeting) | — · Room 4A, Palace of Westminster |