(Bloomberg) -- The U.K. government should share the information it collects, including tax details, with the Office for National Statistics to improve the quality of economic data, according to former Bank of England Deputy Governor Charlie Bean.
In an interim report on his review into data collection and production, commissioned by Chancellor of the Exchequer George Osborne, Bean also called for a “cultural change” at the Newport, Wales-based institution so that errors are reduced, and said it should work to replace the statistical expertise lost when it relocated from London. A final report will be published by next year’s budget on March 16.
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