Bank of England

House of Lords written question – answered on 3rd July 2012.

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Photo of Lord Myners Lord Myners Labour

To ask Her Majesty's Government, further to the Written Answer by Lord Sassoon on 13 June (WA 251), whether HM Treasury will now commission an independent review into the role and actions of the court and the governance of the Bank of England.

Photo of Lord Sassoon Lord Sassoon The Commercial Secretary to the Treasury

The Government are pleased that court has announced the commission of three independent reviews into areas of the bank's performance and current capabilities and look forward to seeing the outcome of this work.

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