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Hogg resignation: 'A regrettable business'

Charlotte Hogg has resigned as the new deputy governor of the Bank of England after a report from MPs found she had misled them about her brother's position at Barclays.

Andrew Tyrie, who chairs the Treasury Committee told the World at One that "this is a regrettable business with no winners". He also welcomed the reforms the Governor of the Bank has made in terms of the way the bank is now run.

(Photo: Charlotte Hogg who has resigned as Bank of England deputy governor Credit: PA)

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