HM Treasury has invited senior financial market participants to apply to join the Market Engagement Group (MEG), a forum for sharing views on UK-related financial market developments, including gilts and sterling, and broader market themes with the Chancellor of the Exchequer. The Chancellor will normally chair MEG meetings, which will be held in person at HM Treasury and are expected to take place twice a year, with members generally expected to attend at least one meeting per year. Membership will be personal (with no substitutes or alternates) and drawn from a pool of up to 20 individuals across a diverse range of institutions, with up to ten members invited to attend each meeting; the initial expectation is a two-year commitment and membership will be published. Meetings will be held under the Chatham House rule, with non-attributable summary minutes published after each meeting, and the terms of reference state that MEG discussions will not be used to announce or discuss changes to fiscal or economic policy, while setting confidentiality, market abuse and competition-law expectations and prohibiting members from citing participation for commercial advantage. Applications close on 5 April 2026, and HM Treasury notes it may keep membership under review and re-open applications.
HM Treasury 2026-03-09
HM Treasury opens applications for the Market Engagement Group to discuss gilts and sterling with the Chancellor
HM Treasury invites senior financial market participants to apply for the Market Engagement Group (MEG), a forum for discussing UK financial market developments with the Chancellor of the Exchequer. MEG meetings, chaired by the Chancellor, will occur twice a year under Chatham House rules, with up to 20 members from diverse institutions. Discussions will not address fiscal or economic policy changes, and confidentiality and competition-law expectations are set.