Finance
UK government reappoints Bank of England's Greene to second MPC term
Published by Global Banking and Finance Review
Posted on November 13, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 13, 2025
1 min readLast updated: January 21, 2026
Megan Greene is reappointed to the Bank of England's MPC, providing stability amid inflation concerns. Her new term extends to 2029.
LONDON (Reuters) -Britain's finance ministry said on Thursday it had reappointed Bank of England policymaker Megan Greene to a second three-year term on the central bank's rate-setting Monetary Policy Committee (MPC).
"Her reappointment provides welcome stability at a crucial time, and I fully support the Bank of England in bringing inflation down. I am confident that Megan's skills and background in financial markets will remain an asset to the MPC," finance minister Rachel Reeves said.
Greene voted against the BoE's most recent interest rate cut in August due to worries about high inflation and said on Tuesday she was concerned about the scale of wage increases that businesses were planning for 2026.
Greene's new term runs until July 4, 2029.
(Reporting by David Milliken; editing by William James)
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. It is typically measured as an annual percentage increase.
Interest rates are the cost of borrowing money or the return on savings, expressed as a percentage of the amount borrowed or saved. They are influenced by central bank policies.
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