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Dr Andrew Sentance CBE

Posted: 4 June, 2021 - 09:57

The Bank of England is searching for a new Chief Economist, and the formal deadline for applications was Wednesday 2 June. But what is the Bank’s Chief Economist expected to do? And what skills and qualifications does he or she need? After all, the Bank has lots of economists. What special responsibilities does our central bank need a Chief Economist to carry out?

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Dr Andrew Sentance CBE

Posted: 10 August, 2020 - 15:38

 

The Coronavirus pandemic has cast a dark cloud over UK economic prospects for the 2020s. The latest NIESR forecast suggests that GDP will not return to its 2019 level until 2023 or 2024. The Bank of England is more optimistic about the potential for the UK economy to bounce back but it is still not expecting the 2019 level of GDP to be exceeded until 2022. The Office for Budget Responsibility (OBR) central scenario is for a recovery somewhere between the NIESR and Bank projections.