Select Committee on Treasury Minutes of Evidence

Examination of Witness (Questions 80-81)


24 MAY 2006

  Q80  Chairman: You mentioned to us that meeting members is a good idea, but we did go to the Bank, as a Committee, just after the general election and had a good morning and lunch with the members, and it is something we will keep in mind, keeping that contact. Maybe one idea that I could put to you is, given that members of the MPC report here but they do not come all the time, do you think the idea of an annual written report from each MPC member to the Treasury Committee would enhance accountability?

  Professor Blanchflower: I think, probably it would.

  Q81  Chairman: Why do you not take that back for the first meeting of the Committee and get their views on it?

  Professor Blanchflower: Yes.

  Chairman: I will look forward to your correspondence on that. Professor Blanchflower, can I thank you very much for taking the time to come this morning. It was very helpful to us and, as a Committee we wish you every success as a member of the MPC. Thank you.

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