MNI: Jonathan Haskel Appointed To Bank of England MPC

--Haskel To Take Up Role Sep 1 As Ian McCafferty Steps Down

     LONDON (MNI) - Jonathan Haskel has been appointed to the Bank of England's

Monetary Policy Committee, Chancellor of the Exchequer Philip Hammond said

Thursday.

     Haskel, a professor of economics at Imperial London Business School, will

take up his position on September 1, replacing Ian McCafferty who steps down

after serving two three-year terms.

     "I am delighted that Professor Haskel is joining the MPC. I am confident

that his expertise in productivity and innovation will further sharpen the

Committee's understanding of the British economy," Hammond said.

     Governor Mark Carney also welcomed Haskel's appointment.

     "I am delighted to welcome Jonathan Haskel to the Monetary Policy Committee

and am very much looking forward to working with him. His broad academic

experience and the depth of his knowledge on productivity and innovation will be

hugely valuable to the Committee as we seek to promote the good of the people of

the United Kingdom by maintaining monetary stability," Carney said.

     According to a press release from the Treasury, Haskel is: "Professor of

Economics at Imperial College Business School, where he will continue to teach

part time, and prior to that was Head of the Economics Department at Queen Mary,

University of London. He is a Non-Executive Director of the UK Statistics

Authority and has expertise in productivity growth, and particularly intangible

assets. He recently published Capitalism Without Capital: The Rise of the

Intangible Economy, co-authored with Stian Westlake. He received his PhD from

the London School of Economics."

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com

[TOPICS: M$B$$$,M$E$$$,MC$$$$,MT$$$$,M$$BE$]