§ Mr. DalyellTo ask the Prime Minister in which periods since 1965 there has been a trade union leader as a member of the court of the Bank of England; what plans he has to appoint a successor to Sir Gavin Laird; and if he will make a statement. [33273]
§ The Prime MinisterThe following trade union leaders have been directors of the Bank of England since 1965; Sir William Carron, 1963 to 1969; Sir Sidney Greene, 1970 to 1978; Mr. Geoffrey Drain, 1978 to 1986; Sir Gavin Laird, 1986 to 1994. Members of the court are not appointed to represent particular institutions or organisations. The aim is always to appoint the best people to advise the Governor and other executive directors of the bank.