HC Deb 12 March 1998 vol 308 c308W
29. Mr. Nicholas Winterton

To ask the Chancellor of the Exchequer what estimate he has made of the reduction in staffing at the Bank of England following the establishment of the proposed European central bank. [32521]

Mrs. Liddell

In view of the fact that the United Kingdom has opted not to join EMU at the outset, the Bank expects the establishment of the European Central Bank will have no implications for the staffing of the Bank of England.