Bank of England deputy governor Hogg will invite MPC, FPC and PRC to judge whether further steps are needed to manage potential conflict of interest

Market news

7 March 2017

Bank of England deputy governor Hogg will invite MPC, FPC and PRC to judge whether further steps are needed to manage potential conflict of interest

Takes full responsibility for oversight, says does not anticipate actual or potential conflict of interest will arise in future
Had not formally declared brother's role at Barclays to BoE before appearing at treasury committee

Sterling falls below $1.22 for first time since Jan. 17, down 0.4 percent on day

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