Charlie Bean News

12.02 / 16:07

economics Bank of England UK Interest rates treasury committee Ex-BoE deputy governor calls for lower interest rate on QE programme - reports

Bean said the QE programme has already cost UK taxpayers £38bn over the last 16 months, and is expected to be as high as £200bn.

22.02 / 12:53

CEO Research Schools Fiscal rules 'close to meaningless' unless sensitivity to OBR forecasts is reduced

At a Treasury Committee hearing yesterday (21 February), a trio of economists were quizzed on the role of OBR forecasts ahead of Chancellor Jeremy Hunt's Spring Budget on 6 March. Charlie Bean, professor at the London School of Economics, who has also served as chief economist and deputy governor for monetary policy at the Bank of England and as a budget responsibility committee member at the OBR, said it would be «desirable» to operate the fiscal regime in a way that was less reliant on the OBR forecasts. Nina Skero, CEO of the Centre for Economic and Business Research, agreed, notin...

05.07 / 16:43

economics inflation Bank of England UK Monetary Policy Committee Bank of England accused of ignoring inflationary 'red flags'

There were second rounds effect the Bank of England 'has chosen not to acknowledge quite early on'.

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