Charlotte Hogg 'fell short of standards' required of Deputy Bank of England Governor says Treasury Select Committee

The Treasury Select Committee has delivered a scathing assessment of the professional competence of the Bank of England’s new Deputy Governor for Markets and Banking, Charlotte Hogg, after it emerged that she had broken the Bank’s internal code of conduct which she herself helped establish.

In a report published on Tuesday the TSC said: “The Committee considers that her professional competence falls short of the very high standards required to fulfil the additional responsibilities of Deputy Governor for Market and Banking.”

The conclusion is likely to put pressure on the Bank of England and the Treasury to reconsider her appointment.

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