Treasury Committee Press Notice


Re-appointment of Mervyn King as the Governor of the Bank of England

The Treasury Committee will take oral evidence from Mervyn King about his re-appointment as the Governor of the Bank of England on Tuesday 29 April 2008 at 9.45 am.

The Committee’s decision to hold a re-appointment hearing follows the announcement on 30 January 2008 that Her Majesty the Queen has been pleased to approve, under the Bank of England Act 1998, that Mervyn King be re-appointed Governor of the Bank of England for a period of five years when his present term of office expires on 30 June 2008.

The Committee has sent a questionnaire to the Governor about the priorities for his second term as Governor covering management and governance of the Bank, monetary policy and economic prospects, the role of the Bank of England with regard to Financial Stability, the Governor’s work on the International Monetary Fund, Money market operations and note issuance. The Governor’s answer to the questionnaire will be available to the press and the public at the start of the evidence session.

The meeting is scheduled to take place in a Committee room in Portcullis House. Those wishing to attend the meetings should check the venue by contacting the House of Commons Public Information Office on 020 7219 4272 on the day before the hearing.

The Committee is expected to publish a short Report relating to Mervyn King’s re-appointment as Governor following the evidence session.