HC Deb 25 May 2000 vol 350 c584W
Mrs. Lawrence

To ask the Chancellor of the Exchequer if he plans to change the remit of the Bank of England's Monetary Policy Committee. [124311]

Mr. Gordon Brown

In accordance with Section 12 of the Bank of England Act 1998, I have today written to the Governor restating the MPC's remit and how it will be held accountable for meeting the remit.

My letter has been laid before Parliament and a copy has been sent to the Chairman of the Treasury Committee. Copies are also being deposited in the Libraries of both Houses.