Sir Mervyn King

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...

Jane Austen Could Be New Face Of £10 Banknote

The Huffington Post UK | Posted 26.06.2013 | UK Politics

The Bank of England has shown sense and some sensibility after revealing Jane Austen could become the new face of the £10 note. Sir Mervyn King, t...

Churchill Replaces Elizabeth Fry On £5 Note

PA/The Huffington Post UK | Posted 26.04.2013 | UK

Sir Winston Churchill is to appear on the next £5 note, the Governor of the Bank of England has announced. The wartime leader will become the firs...

Quantitative Easing Rejected As Bank Holds Interest Rates

The Huffington Post UK/PA | Posted 07.03.2013 | UK

The Bank of England has held off from more economy-boosting measures in what is likely to have been a knife-edge decision among policymakers. On th...

RBS Plan Is 'A Nonsense', Scolds Mervyn King

The Huffington Post UK | Charlie Thomas | Posted 06.03.2013 | UK

Sir Mervyn King dismissed the Royal Bank of Scotland's turnaround strategy as "a nonsense" and called for the bank to be split in two to make it easie...

Charlie Thomas

'Self-Inflicted Own Goals'

HuffingtonPost.com | Charlie Thomas | Posted 13.02.2013 | UK

Inflation is expected to rise to at least 3% by the summer and will remain above the 2% target for at least two more years, forcing more pain on strug...

UK Banks Have A Shortfall Of £60bn, Warns Bank Of England

Charlie Thomas | Posted 30.11.2012 | UK

The UK's banking sector is in the spotlight once again after the Bank of England's Financial Stability Report revealed a £60 billion black hole in UK...

Who is Mark Carney?

Charlie Thomas | Posted 27.11.2012 | UK

Mark Carney has been revealed as the next Bank of England governor, but who is he? Currently the governor for the Bank of Canada and the chair of t...

Could The Bank Of England Governor Be Named This Week?

PA | Posted 25.11.2012 | UK

The Bank of England could name its new governor this week amid pressure to appoint a successor to Sir Mervyn King before the Chancellor's autumn state...

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...

'I Didn't Fire Bob Diamond'

PA/The Huffington Post UK | Posted 20.09.2012 | UK

Bank of England Governor Sir Mervyn King has denied telling Barclays to fire former chief executive Bob Diamond but admitted he offered the lender "he...

Why Is There Still No Recovery?

PA/Huffington Post UK | Posted 08.10.2012 | UK

The UK’s economic growth forecast for 2012 has been slashed by the Bank of England to zero from 0.8% in its May estimate, as the eurozone crisis con...

No Growth In 2012: Bank Of England To Slash Forecasts

PA | Posted 08.08.2012 | UK

The Bank of England will slash its growth forecasts close to zero on Wednesday as the double-dip recession deepens and the eurozone storm closes in on...

Sir Mervyn King 'Told Barclays To Sack Bob Diamond'

PA/The Huffington Post | Posted 10.07.2012 | UK

Bank of England boss Sir Mervyn King told Barclays its chief executive Bob Diamond no longer had the support of his regulators before he quit, MPs hea...

Bank Of England Deputy To Face Questions Over Rate-Rigging Scandal

PA/Huffington Post UK | Posted 09.07.2012 | UK

Bank of England deputy governor Paul Tucker will attempt to clear up his involvement in the rate-rigging affair on Monday former Barclays boss Bob Dia...

PM Refuses To Back Diamond As Miliband Calls For Change At The Top Of Barclays

Posted 29.06.2012 | UK

Prime minister David Cameron has refused to back Bob Diamond following the Barclays market manipulation scandal, as Labour leader Ed Miliband called f...

'Excessive, Shoddy And Deceitful'

PA/The Huffington Post UK | Posted 29.06.2012 | UK

The Government faces mounting calls for an inquiry into banking culture and practices after a fresh mis-selling scandal capped a nightmare week for t...

Bank Of England Considering Cash Injection

PA/The Huffington Post UK | Posted 04.06.2012 | UK

The Bank of England will seriously consider another dose of emergency money printing on Thursday if evidence emerges of a further deterioration in the...

Bank Of England Boss 'Undistinguished' And 'Lacking Distinction'

PA | Posted 21.05.2012 | UK

Sir Mervyn King is to come under increased scrutiny after an independent review was announced into the Bank of England's actions at the height of the ...

G.O.D Of Banking? Lord O'Donnell Hints At Bank Of England Job

Posted 03.05.2012 | UK Politics

The former head of the civil service, Lord Gus O'Donnell, has said he would be interested in becoming governor of the Bank of England when Sir Mervyn ...

'We Should Have Shouted From The Rooftops': King Admits Bank Of England Should Have Warned On Financial Crisis

PA/The Huffington Post UK | Posted 03.05.2012 | UK

Sir Mervyn King has urged the government not to delay reforming the financial sector and admitted more should have been done to avert the banking cris...

'Sir Mervyn Was A Tyrant'

PA | Posted 18.06.2012 | UK

Bank of England Governor Sir Mervyn King has been branded a "tyrant" by a former member of the Bank's key interest rate-setting committee. In an ou...

UK Will Avoid Recession But Diamond Jubilee Could Cause 'Zig Zag'

Posted 15.02.2012 | UK

Britain's economic recovery will be gradual and the extra bank holiday for the Queen's Diamond Jubilee could create a "zig-zag" pattern of growth in 2...

Fall in Inflation a Convenient Excuse for Sir Mervyn King to Print Even More

Anthony Murtagh | Posted 15.04.2012 | UK Politics
Anthony Murtagh

At last there is reason to be cheerful. CPI has fallen from 4.2% in December to 3.6% in January, and for that we should be thankful. The Bank of England is thankful all right. In their eyes this is ample justification for them to extend their Quantitative Easing programme and purchase a further £50bn of gilts.

Inflation Expected To Fall As Pressure Eases On Consumers

PA | Posted 14.04.2012 | UK

The rate of inflation is expected to drop to its lowest level in two years tomorrow in a sign that the pressure on cash-strapped households has starte...