Governor of the Bank of England Debate

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Department: HM Treasury

Governor of the Bank of England

Lord Tomlinson Excerpts
Tuesday 10th July 2012

(12 years, 3 months ago)

Lords Chamber
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Lord Sassoon Portrait Lord Sassoon
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Yes, my Lords, I am sure they will.

Lord Tomlinson Portrait Lord Tomlinson
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My Lords, does the Minister agree that the next Governor of the Bank of England, besides having the proven competence that has clearly grabbed the Minister’s attention, should also be a person of honour and integrity—the sort of person who, should he or she wrongly impugn anyone’s integrity, would at least have the grace and courage to stand up, admit it and apologise?

Lord Sassoon Portrait Lord Sassoon
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My Lords, if that is an oblique reference to my right honourable friend the Chancellor, I do not believe that an apology is needed. I agree with the noble Lord, Lord Tomlinson, that honour and integrity will be among the qualities needed by a future governor.