Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Seema Malhotra on 2016-01-22.

To ask Mr Chancellor of the Exchequer, whether he has met with representatives from the Bank of England on the current account deficit; and if he will make a statement.

Harriett Baldwin

The Chancellor and the Governor of the Bank of England are statutorily required to meet to discuss the Financial Stability Report (FSR), and any other matters relating to the stability of the UK financial system, as soon as is reasonably practicable after the publication of the report.

At the most recent of these meetings—following the July 2015 FSR—the current account was discussed and the details of the meeting are published online by the Treasury at www.gov.uk.