Osborne to King: Bank must focus on short-term growth

Jenna Towler
clock

George Osborne has said the Bank of England's new Financial Policy Committee must provide "consistent messages" so it does not risk jeopardising the economic recovery.

In a letter to BoE governor Sir Mervyn King, the Chancellor acknowledged the FPC's main role of helping maintain financial stability, but also drew attention to its secondary responsibility of supp...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

How trustees should prepare for pensions to enter IHT net from 2027

How trustees should prepare for pensions to enter IHT net from 2027

Palwinder Hare says trustees should begin preparations now in readiness for the changes

Palwinder Hare
clock 30 January 2026 • 2 min read
Government rejects Waspi compensation again after review

Government rejects Waspi compensation again after review

DWP says creation of compensation scheme would be ‘highly impractical’ and ‘time-consuming’

Martin Richmond
clock 29 January 2026 • 3 min read
Lords committee calls on government to rethink IHT reforms

Lords committee calls on government to rethink IHT reforms

Warns IHT on pensions will place ‘huge burden’ on personal reps

Isabel Baxter
clock 28 January 2026 • 3 min read
Trustpilot