Economics

BOE Cash Chief Behind Revamp That Dropped Churchill to Exit

Victoria Cleland

Photographer: Chris Ratcliffe/Bloomberg

The Bank of England’s chief cashier Victoria Cleland will leave her position next year, according to people familiar with the situation.

The departure of Cleland arrives at a moment of upheaval at the UK central bank, which is already losing 16 of its most senior staff under a fast-track resignations program undertaken to improve its finances.