BusinessCompany NewsLib Dem man ‘applies’ for Bank of England job

Lib Dem man 'applies' for Bank of England job

Liberal Democrat Treasury spokesman Lord Oakeshott - a senior City fund manager - has made a spoof application for appointment as deputy governor of the Bank of England to draw attention to chancellor Gordon Brown's failure to fill the post.

Link: Bank of England to lose last accountant

His application letter criticises Brown for not replacing David Clementi when he retired at the end of August and urging a public advertisement for the £200,000 post, offering: ‘At a pinch I could help you out.’

He said there were plenty of other well-qualified candidates and denounced reliance on the ‘old boy network’ for a replacement.

Clementi stepped down as deputy governor last week, leaving the Bank of England without any qualified accountants. He is to become non-executive chairman at life assurer Prudential.

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