The Bank of England's Monetary Policy Committee is a vital agent of the state. Some of our brightest administrators analyse reams of complex data and utilise their formidable intellectual skills in the dextrous operation of the country's economic levers. So it was with some distress that Business Diary noted the battle between Andrew Sentance and his PDA at a recent hearing of the Treasury Committee. After several ringing interruptions, Sentance, defeated, was forced to hand over his PDA to a bag-carrier. He sheepishly told MPs: "There is a fault on my phone, it doesn't seem to switch off." Let's hope he handles quantitative loosening with greater ease.
The Bank of England's Monetary Policy Committee is a vital agent of the state. Some of our brightest administrators analyse reams of complex data and utilise their formidable intellectual skills in the dextrous operation of the country's economic levers.
