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Economic Affairs Committee


Press Notice No. 15 (2001-2002) dated 25 February 2002


LORDS COMMITTEE REVIEW OF DOMESTIC ECONOMY: HEARINGS

The House of Lords Select Committee on Economic Affairs will hold hearings in relation to a short inquiry into the domestic economy in the context of recent world developments. Tomorrow, Tuesday 26th February at 4 pm, evidence will be heard from Sir Edward George, Governor, and Mr Mervyn King, Deputy Governor for Monetary Policy, the Bank of England. The hearing will be held in Committee Room 3, Palace of Westminster (access via St Stephen's Entrance, the main public entrance to the Houses of Parliament). The hearing is open to the public and the press.

NOTES FOR EDITORS

1. The Committee was appointed by the House of Lords on 7 March 2001 and reappointed on 28 June with the following terms of reference:"to consider economic affairs".

2. Membership:
Lord BarnettLord Roll of Ipsden
Lord BurnsLord Oakeshott of Seagrove Bay
Lord CuckneyBaroness O'Cathain
Lord ElderLord Paul
Baroness HoggLord Peston (Chairman)
Lord NewbyLord Vinson

3. The House of Lords appointed, on 7 December 1998, a Select Committee to consider the operation of the Monetary Policy Committee of the Bank of England. Its last report, HL Paper 34 (Session 2000-01), was published in February 2001. Previously, in June 2000, the Liaison Committee of the House of Lords recommended "the appointment of a sessional Economic Committee after the present ad hoc Committee on the Monetary Policy Committee of the Bank of England has concluded its inquiry" (HL Paper 81 (Session 1999-2000)).

4. Further information: Christine Salmon, Clerk, Committee Office, House of Lords, London SW1A 0PW (Tel 020 7219 5765, Fax 020 7219 6715, E-mail economicaffairs@parliament.uk.

 
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