On the other hand, population aging, that is, an increase in longevity, should also generate an increase in demand in areas such as health care and nursing, tourism and leisure.
I am joined by: Sharon Donnery, the Deputy Governor for Central Banking; Ed Sibley, the Deputy Governor for Prudential Regulation; and Derville Rowland, the Director General for Financial Conduct. Ed and Derville were appointed to these positions in recent weeks following the reorganisation of the Bank’s financial regulation functions into prudential regulation and financial conduct pillars.