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Bank of England must be ‘vigilant’ to signs of slowdown, says deputy governor

The Bank of England should be “vigilant” over a potential economic slowdown in the UK, according to a deputy governor at the Bank. Clare Lombardelli said some recent UK economic data had showed possible signs of weaker growth, as she called for a ...

25 Nov 2024 at 12:05

Treasury appoints Sam Beckett as chief economic adviser

The Treasury has hired long-standing civil servant Sam Beckett as its new chief economist. Ms Beckett takes on the role of chief economic adviser to the Treasury, replacing Clare Lombardelli, who was recently appointed as the chief economist at ...

10 May 2023 at 12:20

Incoming Bank of England deputy governor rejects calls to scrap OBR

The incoming deputy governor of the Bank of England has rejected calls for the UK’s fiscal watchdog to be scrapped and stressed there is “widespread support” for the central bank. However, Clare Lombardelli, who will join the Bank in July, ...

16 Apr 2024 at 15:04

Bank of England names top global economist Clare Lombardelli as deputy governor

The Bank of England has appointed top global economist Clare Lombardelli as its deputy governor for monetary policy. Ms Lombardelli is currently the chief economist for the Organisation for Economic Co-operation and Development (OECD) and ...

29 Feb 2024 at 11:16

Appropriate to be cautious says Bank deputy as ‘wages still too high’

A deputy governor of the Bank of England has said “caution remains appropriate” in fiscal policy decisions despite a slowdown in UK inflation in recent months. Wages are still growing too fast for inflation to sustainably come down to ...

12 May 2025 at 18:08

Chancellor’s Budget to help bring down inflation from spring, say Bank officials

Policymakers at the Bank of England said they expect Chancellor Rachel Reeves’ Budget to knock as much as 0.5 percentage points off inflation by next spring. Clare Lombardelli, deputy governor of the central bank, pointed towards the ...

09 Dec 2025 at 17:20

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