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The House of Commons Treasury Committee will hold a hearing this morning during which MPs will assess whether Megan Greene has the required personal independence and appropriate professional competence for the role

Bank of England's credibility and UK economy at risk from Net Zero radicalism


By -- NetZero Watch—— Bio and Archives--June 13, 2023

World News | Comments | Back To Full Article



London, 13 June - Net Zero Watch has called on MPs to reject Megan Greene from joining the Bank of England’s rate-setting Monetary Policy Committee and warned that her green activism risks undermining the credibility of the Bank's neutrality in setting interest rates.

According to media reports, Ms Greene has called for the bank to create “preferential” interest rates to help speed up the push for Net Zero, despite acknowledging that such a move could threaten its independence.

 

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