FT.Com: Bank of England’s deputy to step down Sir Andrew Large, deputy governor of the Bank of England, has decided to stand down from his role almost two years early, leaving a vacancy on the interest-rate-setting monetary policy committee. The Bank of England is expected to announce his replacement later on Monday. As one of the members of the MPC more inclined to support higher interest rates, Sir Andrew’s departure could make the committee more likely to cut interest rates.
