JM writes in the FT about things to be considered under the rubric of a mandate review, conducted for him by Danny Blanchflower, John Hall, Simon Wren Lewis and Adam Posen. He writes that 'operational independence' is 'sacrosanct', which is an encouraging form of words given his earlier views that the Bank of England should be taken back under democratic control, and the view implicit in supporting such things as 'Quantitative Easing for the People' that BoE crisis policies had been working against 'the people'.