Reform call over 'pitiful' pay rate at BoE's court

Bank of England

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Behind the scenes tours of the bank of England, part of the City of London Festival.

Reform call over 'pitiful' pay rate at BoE's court
Non-executive directors of the Bank of England should be paid more to reflect an increased workload and to boost their prestige, according to BoE officials involved in a governance reorganisation. The eight external non-executives in the 12-seat “court …
Read more on Financial Times

Bank of England's McCafferty says is "cautiously optimistic"
Bank of England policymaker Ian McCafferty said that he was "cautiously optimistic" about Britain's economy, though recovery would continue to be difficult. "I see grounds for hope. Some of the forces that have held back recovery are easing. Supportive …

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