Trade union boss among Chancellor’s appointments to Bank of England board

The Chancellor has announced new appointments to the Bank of England board, including Paul Nowak. As the general secretary of the Trades Union Congress (TUC), Nowak will assume a role as a non-executive director. This appointment is set for a four-year term, integrating trade union leadership into the governance of the UK's central bank. The move ensures that the TUC has a direct representative within the strategic decision-making processes of the Bank of England.