Charlotte Hogg, deputy governor of the Bank of England who was touted to succeed Mark Carney as governor, has resigned from her role after failing to disclose family ties to Barclays.
Hogg (pictured) handed in her resignation on Monday, which the Bank accepted, after MPs questioned her suitability for the role following failure to disclose that her brother Quentin is strategy director at Barclays. The MP's claimed her actions went against the Bank's code of conduct, that she helped to write. A report published by the Treasury Select Committee this morning said Hogg's "professional competence [fell] short" of the standards required to fulfill her role as Bank of England deputy governor, writes The Telegraph. In addition, she had failed to comply with the Code of Con...
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