LONDON – The Treasury Select Committee on Tuesday gave
its stamp of approval to the appointment of Martin Weale to the Bank of
England Monetary Policy Committee.

The TSC approval followed swiftly after Weale’s testimony to the
TSC earlier today.

“Following its hearing with Dr Martin Weale … the Treasury
Committee has agreed that it is satisfied that Dr Martin Weale fulfils
the Committee’s two criteria for appointment to the Monetary Policy
Committee of professional competence and personal independence,” it
said.

-London newsroom: 4420 7862 7491; email: drobinson@marketnews.com

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