§ Mr. GreenTo ask the Chancellor of the Exchequer what parliamentary scrutiny there will be of the Bank of England's Monetary Policy Committee. [3321]
§ Mrs. LiddellThe new arrangements will provide for the Bank to make regular reports and give evidence to the Treasury Select Committee. The Committee will have the opportunity to examine the Bank's performance on monetary policy on a regular basis, and the House will be able to debate the Bank's Annual Report.