Mervyn King

Who Lost Out To Jane Austen On Our New Banknotes?

The Huffington Post UK | Asa Bennett | Posted 23.01.2014 | UK Politics

Bank of England officials considered featuring Admiral Horatio Nelson and Edward Jenner, pioneer of the smallpox vaccine, on future banknotes instead ...

Bank of England Struggles as Forecasts Move More Than Credibility Demands

Nick Beecroft | Posted 23.01.2014 | UK
Nick Beecroft

Regular readers of this blog will know that I've always had a theoretical problem with forward guidance. Telling people that rates are going to stay l...

Asa Bennett

BoE Spent HOW Much Spent On Deputy's Leaving Bashes?

HuffingtonPost.com | Asa Bennett | Posted 01.11.2013 | UK Politics

The Bank of England has sparked outrage for spending nearly £9,200 on two leaving parties for former deputy governor Paul Tucker, even though he rece...

Asa Bennett

Who Else Could Have Been On UK Banknotes? Bank Of England Won't Say

HuffingtonPost.com | Asa Bennett | Posted 17.09.2013 | UK Politics

The Bank Of England has refused to reveal the two other figures it considered featuring on banknotes instead of Jane Austen and Winston Churchill. ...

Mervyn King Gets A £10,000 Portrait Of Himself

The Huffington Post UK | Asa Bennett | Posted 15.08.2013 | UK

Mervyn King was given a £10,000 painting of himself as a leaving present by the Bank of England, along with a £597 silver napkin and a £2,505 bust ...

Carney Chillaxes At Music Festival (PICTURES)

The Huffington Post UK | Asa Bennett | Posted 12.08.2013 | UK Politics

Mark Carney, the new Bank of England governor, took time off this weekend to relax at the Wilderness music festival. Once dubbed the "rock-star ban...

Asa Bennett

Where Have All The British Bankers Gone?

HuffingtonPost.com | Asa Bennett | Posted 02.08.2013 | UK

The Royal Bank Of Scotland revealed today that New Zealander Ross McEwan would take over from Yorkshireman Stephen Hester as chief executive on Octob...

Asa Bennett

Has Carney's Bank of England Been Taken Over By Hawks?

HuffingtonPost.com | Asa Bennett | Posted 17.07.2013 | UK Politics

City birdwatchers were on the lookout for the Bank of England's doves and hawks today. All eyes were focused on what new governor Mark Carney woul...

Mark Carney: The King is Dead, Long Live the King

Mike Robb | Posted 31.08.2013 | UK Politics
Mike Robb

As the first non-British Governor in the Bank's 319 year history, the problems Carney faces are great. He faces an economy where - five years on from the crisis - GDP is forecast to grow by just 0.9 per cent in 20131, despite prolific efforts from the government and the Bank of England, using tools such as the unconventional monetary policy of quantitative easing. Carney himself stated that he was "going where the challenges are greatest".

'Played On Sticky Wicket, But Now Economy Emerges From The Ashes'

The Huffington Post UK | Posted 19.06.2013 | UK

Outgoing Bank of England governor Sir Mervyn King is being made a peer, Downing Street has confirmed. Prime Minister David Cameron nominated the ba...

The King Is Dead, Long Live the Carney

Jeremy Cook | Posted 19.08.2013 | UK Politics
Jeremy Cook

Mark Carney is the shining star of the world's central bank transfer market, so to speak. It may be arch to say that his move from the Bank of Canada to the Bank of England is similar to a footballer wanting to try his hand in the Premiership given the strength of the competition here.

Right on the Money

Judi Sutherland | Posted 13.08.2013 | UK Lifestyle
Judi Sutherland

Women deserve recognition for their contribution to national life and to the economy; Britain deserves to present at least the appearance of an equal and progressive society; but with its current management, the Bank of England looks both ungracious and reactionary.

'Stop Demonising Bankers'

PA/The Huffington Post UK | Posted 19.05.2013 | UK

Sir Mervyn King has called for an end to the demonisation of bankers over the financial crash, insisting the problem was with the system rather than i...

British Pounds: The Horsemeat Burgers of the Currency World?

Harry Cooper | Posted 14.05.2013 | UK Politics
Harry Cooper

Yesterday a man decided that the pound's value against the euro and the dollar was 'just about right'. As a result, the pound stopped weakening against the euro and the dollar, as it has been doing so for several months. I was disappointed. I get paid in euros so I benefit from the pound being weak.

Former 'Vampire Squid' Appointed Next Bank Of England Governor

The Huffington Post UK | Charlie Thomas | Posted 27.11.2012 | UK

Mark Carney, the head of Canada's central bank, who once said he was willing to blow the whistle on big financial institutions, has been appointed the...

This Week's Biggest Jokes

The Huffington Post UK | Posted 23.11.2012 | UK Comedy

What a week! At least, it was if you were David Petraeus, Abu Qatada, Lord McAlpine, George Entwistle, Nadine Dorries or Sally Bercow. Or if you were ...

Just When You Thought The Economy Couldn't Get Worse...

PA/The Huffington Post UK | Posted 14.01.2013 | UK

Bank of England governor Sir Mervyn King warned on Wednesday that UK output may shrink again as the economy continues its "zig-zag" recovery. Prese...

Walking on Glass: Why We're Facing Another Half Decade of Recession

Tom Stevenson | Posted 06.01.2013 | UK Politics
Tom Stevenson

To hope that the commitment to cutting public spending in the name of deficit reduction will be reversed in the face of continuing recession and little effect on the deficit currently seems highly optimistic - the major political parties united as they are in almost unwavering support for it. So long as it continues so will recession.

Inflation Back on the Agenda

Jeremy Cook | Posted 15.12.2012 | UK Politics
Jeremy Cook

There will be serious consequences for everyone if inflation is not controlled quickly.

Inflation At Three-Year Low

PA/The Huffington Post UK | Posted 16.10.2012 | UK

Inflation fell to its lowest level for nearly three years last month, but energy price hikes are expected to put household finances under pressure onc...

Chancellor Osborne's Political Cover

Raymond Ressy | Posted 23.11.2012 | UK Politics
Raymond Ressy

Does the Bank of England really need to give the government license on this, or is King admitting covertly that the government's austerity programme is not working?

Charlie Thomas

Not Enough Money, Too Public and My Bank Wants Me More

HuffingtonPost.com | Charlie Thomas | Posted 21.09.2012 | UK

Bank of England governor Sir Mervyn King retires next June; a number of prominent banking candidates are being touted to replace him, but not one of t...

Does The Bank Of England See Growth On The Horizon?

PA/The Huffington Post UK | Posted 05.09.2012 | UK

The Bank of England will hold back from prescribing further doses of emergency medicine for the ailing recovery on Wednesday amid signs the economy wi...

Chris Wimpress

Mervyn King Faces Grilling Over Libor Scandal

HuffingtonPost.com | Chris Wimpress | Posted 17.07.2012 | UK Politics

Governor of the Bank of England Mervyn King has angrily rejected claims that it was only three weeks ago that "the penny dropped" for him that the key...

Mehdi Hasan

Mervyn King 'Not Interested' In 2008 Libor Rate Warnings, Say Ex-BoE Colleagues

HuffingtonPost.com | Mehdi Hasan | Posted 16.07.2012 | UK Politics

The Bank of England governor Sir Mervyn King "wasn’t interested" in worries about the Libor rate when it was discussed in 2008 and has “key questi...