of charlotte hogg's resignation.uilty of killing a man who had mental health problems. thomas 0rchard, who was 32, died in hospital seven days after being arrested in exeter in 2012. mr 0rchard, who suffered from paranoid schizophrenia, was held down, handcuffed and restrained. custody sergeant jan kingshott and civilian detention officers simon tansley and michael marsden had insisted their actions were proportionate and lawful. the european union's highest court has ruled that companies can have a policy prohibiting employees from wearing visible political or religious symbols. courts in france and belgium had asked the european court ofjustice to rule on discrimination cases brought by women who'd been banned from wearing islamic headscarves at work. the irish coastguard says hopes are fading for three of their helicopter crew members after their aircraft went missing about six miles to the west of county mayo. the aircraft lost contact in the early hours of this morning while involved in an operation to rescue a

charlotte hogg and a lot of other discussions.or their perspective on the bank of england. let me do the foreign-exchange report. it is on sterling. this is before the resignation of the governor. simon french saying it would be a big deal. single best chart. we did this just for neil dutta of renaissance macro. in shoulder notes also here --kim schoenholtz also here. this is a taylor riggs rule. thank you, john taylor of stanford for tweeting out our use of his rule. we're honored that officer taylor would pay attention to bloomberg. he watches it every morning at 2:00 a.m. i don't know how he does that. the taylor rule way out front. i overlaid on this the dots. three year.o year, do you care the dots are that far behind in the rule? >> no. tom: can you expand on that? >> clearly, if the taylor rule was correct, the economy would our headg so hard that would be spending. inflation would be much stronger than what it is full clearly, none of those things have happened. it is hard to argue the fed is behind the curve. maybe it is

mps said charlotte hogg's "professional competence fell short" of the standards required to fulfil herhogg failed over a period of nearly four years to comply with the bank's code of conduct. the bank's governor mark carney has given his response and issued a statement following charlotte hogg's resignation. this is part of what he said: with me is our economics editor, kamal ahmed. tell us more about what her brother does and why it was not declared what the issue has been. her brother isa what the issue has been. her brother is a director of strategy at ba rclays, is a director of strategy at barclays, relatively senior. not at cheap executive level but a senior position within the bank. the bank of england regulates the commercial banks in the uk. any breach of the rules on the bank of england side has to be a significant matter. i think that the significance of what has happened today is great. the treasury select committee, the mps who have criticised the appointment of charlotte hogg and lead to her resignation, very rarely say they do not back the appointment of a deputy governo

the committee didn't ask charlotte hogg to resign. didn't meet the very high standards required for that particular role. we published our report this morning and charlotte hogg responded to it commendably and very quickly. a former champion fell runner has beenjailed for 18 years, after admitting trying to murder a uk athletics official. lauren jeska, who's transgender, attacked ralph knibbs with a knife after a row about hormone tests. she also wounded two people who intervened. channel 4's chief executive david abraham has said he intends to step down from his role by the end of the year. in a statement the broadcaster said mr abraham will remain in hisjob until a new chief executive has been appointed and is in post. it was the kind of mystery detectives hadn't been faced with for 20 years. a man, who travelled more than 5,000 miles, found dead on remote moorland. he had no phone, no wallet and there was no way of identifying him. in fact, it took the authorities over a year tojust find out his name. today an inquest finally learn

mp5 said charlotte hogg's professional competence fell short of the standards required to fulfil her code of conduct. theresa may seems on course to reject nicola sturgeon's request to hold a second referendum on scottish independence before the process of brexit is complete. scotland's first minister announced yesterday that she would seek permission for the vote to be held between autumn next year and the spring of 2019. it comes as the bill giving the prime minister the power to trigger brexit cleared its final hurdle in parliament and will now become law. the house of lords voted in favour of the legislation without reinstating amendments which were removed by the commons. ukip's biggest financial backer arron banks has announced that his membership of the party has been suspended, but there was confusion over his claim, as a ukip spokesman said that the millionaire's membership had lapsed earlier this year. mr banks, who is a close friend of former leader nigel farage, and funded the leave eu campaign in last year's brexit referendum, gave £1 million to ukip ahead of the 2015 gen

the bank of england's newly appointed deputy governor, charlotte hogg, has resigned. she admitted failing to disclose that her brother worked for barclays, which broke the bank's own code of conduct which ms hogg had helped to write. a former champion fell—runner has been jailed for 18 years after admitting trying to murder a uk athletics official. lauren jeska, who's transgender, attacked ralph knibbs with a knife after a row about hormone tests. she also wounded two it was the kind of mystery detectives hadn't been faced with for 20 years. a man, who travelled more than 5,000 miles, to apparently kill himself. found on saddleworth moor with no phone, no wallet and no way of identifying him. in fact, it took the authorities over a year tojust find out his name. 0ur correspondent, judith moritz, has been at today's inquest into his death. saddleworth has a stark beauty its reservoirs and poor land set against pen nine skies. people come here to walk, to sail and to cycle, but one came here and died. this grainy man came here and died. this grainy film shows david lytt

. ♪ >> bank of england deputy governor charlotte hogg has quit.ttee said she did not meet the standards required for the role. lawmakers were concerned that she did not reveal that her brother works at barclays. which of the central bank regulates. give us a sense of how embarrassing this is for the bank of england. >> from a pr perspective, this is quite uncomfortable and embarrassing. this is one of the cases where it is more perception of conflict of interest rather than actual conflict of interest. lawmakers have said they don't believe she the deliberately misled anyone with the connection to barclays. there has not actually been a conflict of interest while she has been chief operating officer, but now that she is deputy governor, the standards that they expect for that position, she has not met those. that is why they said she did not meet the standards. >> is it because she was essentially his pick that this happened? >> i think it is a case of she was an appointment by mark carney and is seen as being close to mark carney, and he is losin

before we get to the ramifications, take us through what happened with charlotte hogg. scott: she was appointed when mark carney joined the bank of england and it was only this year that she was also -- she also had expanded to become deputy governor for markets and banking's. she only had that job for two weeks. during the application process that it turned out she failed to disclose her family connections. her brother was at barclays and she never told the bank her brother was there. during the scrutiny process that came about, they looked further into it and came out with a report saying they didn't think she met the high standards of the position of deputy governor and she sips of -- she subsequently resigned. david: this was handpicked by mark, someone he specifically chose. do we know anything about how she would have voted as part of the monetary policy? very little about her economic stance. she doesn't have a strong .conomic background her main experiences in the private sector, consumer financial firms, institutions. she was seen by economists very speculative