Skip to content
Search

Latest Stories

Swati Dhingra reappointed to Bank of England’s Monetary Policy Committee

She has also been involved in economic research and advisory roles, including as director of the Review of Economic Studies since 2023.

Swati Dhingra

Dhingra, an associate professor at the London School of Economics, has been on the MPC since 2022.

SWATI DHINGRA has been reappointed as an external member of the Bank of England’s Monetary Policy Committee (MPC), the government announced on Monday.

Her second term will run until 8 August 2028.


The reappointment was made by the Chancellor of the Exchequer. External members of the MPC serve up to two three-year terms.

Dhingra, an associate professor at the London School of Economics, has been on the MPC since 2022.

She has also been involved in economic research and advisory roles, including as director of the Review of Economic Studies since 2023.

Since joining the MPC, Dhingra has consistently supported lower interest rates.

Speaking to Bloomberg TV in December last year, she highlighted that businesses have been cutting investments due to rising financing costs and broader economic challenges.

She had then called for policy changes to ease pressures on supply capacity, investment, and living standards.

More For You

Wealthy individuals
5 key reasons why UK is losing its billionaires while global rich-list grows 300 per cent
iStock

5 key reasons from Knight Franks' wealth report on why the UK is losing its billionaires

  • Global ultra-wealthy population jumps over 300 per cent since 2021
  • UK billionaire count drops to 156, biggest fall in 37 years
  • Policy shifts, mobility and weaker investment appeal drive the change

A fresh global wealth snapshot shows just how sharply fortunes are rising. The number of individuals worth at least $30m (£22m) has surged from 162,191 in 2021 to 713,626 now, an increase of more than 300 per cent, according to analysis by Knight Frank. The billionaire population, currently at 3,110, is projected to grow by 25 per cent to 3,915 by 2031.

This rapid expansion is being fuelled largely by technology-led wealth creation. As Liam Bailey of Knight Frank reportedly said in a news report, the ability to scale businesses faster, particularly in sectors like artificial intelligence, is accelerating how quickly large fortunes are built.

Keep ReadingShow less