Bank of England minutes to lift lid on global financial crisis | Business | The Guardian.
The inside story of the Bank of England’s response to the financial crisis will be revealed this week when the details of meetings which took place at the height of the crisis are published for the first time.
In response to pressure from the Treasury select committee, Threadneedle Street will take steps to show its inner workings by publishing the minutes of meetings of its court, which is akin to a board of directors.
The publication will lift the lid on information that has otherwise been kept private since the financial crisis and follows requests by the select committee for the last four years for the Bank to become more accountable.
The minutes of meetings of the court between 2007 and 2009 are to be published on Wednesday alongside those from 1914 to 1946. The Bank of England pledged in December to publish the minutes of meetings up to 1987 during the course of 2015.
