Brexit critic joins Bank of England interest rate-setting committee

Philip Hammond appoints LSE economics professor Silvana Tenreyro, who said leaving EU was a 'major mistake'

An economics professor from the London School of Economics who warned against Brexit has been appointed to the Bank of England's interest rate-setting committee.

Silvana Tenreyro was one of 280 economists who signed a public letter ahead of the referendum last year stating it would be a "major mistake" for Britain to leave the EU. She will replace the US economist Kristin Forbes who leaves the monetary policy committee (MPC) this month.

Related: Business Today: sign up for a morning shot of financial news