John Gieve

Sir Edward John Watson Gieve, KCB[1] (born 20 February 1950) is a British former civil servant, who served as Deputy Governor for Financial Stability of the Bank of England and an ex officio member of the Monetary Policy Committee from 2006 to 2009.

At the time, the Home Office was the government department responsible for law and order, including prisons and probation, policing, oversight of MI5, and immigration and nationality matters.

Sir John Bourn therefore concluded that, because the Home Office failed to deliver its accounts for audit by the statutory timetable, and because of the fundamental nature of the problems encountered, he could not reach an opinion on the truth and fairness of the Home Office’s accounts".

In early January 2006 Gieve was appointed as the new Deputy Governor for Financial Stability at the Bank of England.

On 30 April 2006 the UK's The Independent newspaper reported that Gieve was being pressed to resign from the Bank of England because of financial mis-management at the Home Office during his period as Permanent Secretary, and his involvement in the released prisoners affair.