Chancellor announces Bank of England appointments

What happened: The Chancellor announced Bank of England Court appointments. David Craig and Paul Nowak join for four-year terms, Hanneke Smits starts 1 January 2027, and Lord Jitesh Gadhia and Tom Shropshire are reappointed. Key numbers: Craig and Nowak serve until 31 August 2030. Smits serves 1 January 2027 to 31 December 2030. Why it matters: The Chancellor said the appointments strengthen the Court at a critical moment for the UK economy. Chair David Roberts said the new members bring insight and experience to the Court's responsibilities.

High-priority alert based on source significance and keyword relevance.

High-priority alert based on source significance and keyword relevance. — impact context not separately stored; see What changed.