Economics
Bank of England Vacancy Provides Chance to Tackle Gender Problem
- Ian McCafferty is set to leave the rate-setting MPC on Aug. 31
- Treasury Committee head says government can’t be complacent
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The Bank of England may get help tackling its diversity problem this summer.
The departure of Ian McCafferty in August opens up the first slot on the Monetary Policy Committee in a year and gives the U.K. government, which makes the appointments, the chance to name a woman to improve the gender balance among top officials. And then there is the question of who replaces BOE Governor Mark Carney, whose six-year term ends next June.