Governor Andrew Bailey said: ‘Andy has been an exemplary public servant over his more than three decades at the Bank, making major contributions to the Bank’s work in financial stability and monetary policy-making.
‘He has also been an imaginative and creative thinker on the wide range of issues the UK economy faces, as well as helping create and drive forward new ways for the Bank to engage with the public. He will be sorely missed.’
Who will replace him
The Bank is likely to come under pressure to appoint its first female chief economist. Here are some of the potential candidates:
Boris Johnson expects surge in COVID-19 cases with economy reopening, London s West End books £100mln spree on first day proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
UK economy grows 0.4% amid confidence from vaccine rollout
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A waitress serves drinks as customers sit at setup tables outside pubs in Soho, in London, on the day some of England s third coronavirus lockdown restrictions were eased by the British government, Monday, April 12, 2021. People across England flocked to shed shaggy locks and browse for clothes, books and other non-essential items as shops, gyms, hairdressers, restaurant patios and beer gardens reopened Monday after months of lockdown. (AP Photo/Alberto Pezzali)
LONDON – The U.K. economy grew 0.4% in February, rebounding from a sharp drop the previous month, as the rapid rollout of COVID-19 vaccines boosted confidence in a recovery from the pandemic.
بريطانيا تنجح في تطعيم من فوق 50 عاما ضد كورونا والاقتصاد يتعافى elwatannews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elwatannews.com Daily Mail and Mail on Sunday newspapers.