BoE’s Furse sees benefits to UK as a global finance hub
Robust institutions can help foster a global financial centre, FPC member says
The UK’s role as a global financial centre brings great benefits to the domestic economy, and policy-makers would be wise to keep this in mind when designing policy, the Bank of England’s (BoE) Clara Furse said on February 16.
Furse, an external member of the BoE’s Financial Policy Committee (FPC) and former head of the London Stock Exchange, told an audience in Edinburgh that being a centre of finance brings economies of scale, improves the local economy’s access to finance and makes regulators
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