Bank of England:
Are we better off after 25 years of independence?
- David Smith, Economics Editor – The Sunday Times
- Prof. Anne Sibert, Professor of Economics – Birkbeck, University of London
- Dr Gerard Lyons, Chief Economic Strategist – Netwealth
- Tom Clougherty, Head of Tax – Centre for Policy Studies (Chair)
Today, the Bank of England will celebrate 25 years of being granted operational independence over monetary policy. Since then, the Bank’s responsibilities have grown even further to include both financial stability and regulating firms. To reflect on this historic milestone, this event will discuss what we have learned about the Bank in the last quarter of a century, whether granting independence has been vindicated, whether the country is better off for it and finally whether it is time to reassess the Bank’s current remit of an inflation target or move to a new one?
We are delighted to welcome David Smith, Prof. Anne Sibert and Dr Gerard Lyons to dissect and debate the role of the Bank of England, its relation to Westminster and how its independent position raises questions over the notions of control, remit and accountability.
Thursday 12th May
13.00 – 14.00