External member quits Financial Policy Committee

Dame Clara Furse has stepped down as an external member of the Bank of England’s Financial Policy Committee (FPC).

Mark Carney, the Bank of England’s governor, said: “We thank Dame Clara for her important contribution as a founding member of the statutory Financial Policy Committee. The Committee has benefited greatly from Clara’s expertise in banking and financial markets and from her unique insights as a market practitioner.”

Furse said: “It’s been an enormous privilege to work with the governor, other FPC colleagues and Bank staff on developing the UK’s macro-prudential policy in its early years.

“I will miss our intense and important deliberations, but am looking forward to playing a more active and direct role in supporting the UK’s economic ambitions at a time of great change.”

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