Osborne to King: Bank must focus on short-term growth

Jenna Towler
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George Osborne has said the Bank of England's new Financial Policy Committee must provide "consistent messages" so it does not risk jeopardising the economic recovery.

In a letter to BoE governor Sir Mervyn King, the Chancellor acknowledged the FPC's main role of helping maintain financial stability, but also drew attention to its secondary responsibility of supp...

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