Lomax is currently permanent secretary at the Department for Transport. Prior to that she held down senior positions at the World Bank and the UK Treasury, where she was deputy secretary for financial institutions.
She was also principal private secretary to the then chancellor. ‘I am very pleased that Rachel Lomax has been appointed as the new deputy governor for Monetary Policy,’ said Sir Edward George, governor of the Bank.
‘She has a hugely impressive track record as an economist and departmental manager at the heart of government, and possesses a sound knowledge of the financial markets, macroeconomic and regional policy.’
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016