Every two weeks or so on average, we ask ourselves: why do central bankers only tell the truth after they have quit their post (rhetorically, of course). The last time it was the BOE's former head Mervyn King, who said that "more monetary...Show More Summary
The former head of the Bank of England – Mervyn King – said yesterday that more QE will not help the economy: We have had the biggest monetary stimulus that the world must have ever seen, and we still have not solved the problem of weak demand. Show More Summary
Why is it that central bankers always wait until after they quit their job before telling the truth? From ABC.net In his keynote address, former governor of the Bank of England Mervyn King gave the Australian mining industry some hope...Show More Summary
Mervyn King, former governor of the Bank of England and now Lord King of Lothbury, has received another honor to add to his lengthening list of gongs since swapping central banking for academia. He has been named a Knight Companion of the Noble Order of the Garter. The Order of the Garter is the oldest [...]
Lord King of Lothbury — also known as former Bank of England Governor Mervyn King -- has taken up a teaching post at New York University.
Mark Carney can forget any ideas of launching a career in stand-up comedy. His speech in Edinburgh today was so dry that it made Mervyn King's lectures look like classic routines by Billy Connolly. Although Carney has a nice line in gently sarcastic asides to reporters when he's taking questions, the main body of the [...]
The former Princeton professor ends his tenure well ahead of the curve set by the likes Jean-Claude Trichet and Mervyn King. Architect of some of the most aggressive monetary policies ever conducted by a central bank, Bernanke scored...Show More Summary
Leaving presents for departing Bank of England boss included £10,000 portrait and a £2,500 bust of Goethe One-Minute Read LAST UPDATED AT 10:42 ON Thu 15 Aug 2013 See related: THE BUSINESS: Will Carney have to relaunch QE? THE Bank of...Show More Summary
The Bank of England has confirmed that its next £10 note will feature authoress Jane Austen (CLICK). A month ago, before he retired, Sir Mervyn King dropped a heavy hint that Jane Austen was "waiting in the wings" for the next £10 note. This will keep the feminists happy. They've been moaning about the dearth of women on our banknotes.
Beloved writer Jane Austen may replace author and naturalist Charles Darwin on the UK’s £10 note. Sir Mervyn King, the outgoing governor of the Bank of England, said that the novelist was the top choice for the note. However, his successor...Show More Summary
After a double-dip recession and a modest recovery in the second quarter, the UK economy is in need of some fresh ideas. Enter Mark Carney. The former Bank of Canada governor, took the reins from Mervyn King on July 1. Carney is charming, with many likening him to George Clooney and Cary Grant. Show More Summary
England, the third largest economy entity in the euro zone, is facing difficulties on its way to economic recovery and is seeking help from a Canadian governor. Taking the term from Sir Mervyn King, Mark Carney became the new governor of the Bank of England (BE) with hopes of bringing a breath of fresh air to the British economy. Show More Summary
Follow Zerohedge on FinancialJuice As we wave goodbye to Mervyn King, former Governor of the Bank of England (ready for him to take up his seat in the House of Lords so that he can sit back and now relax), his successor, Mark Carney hasn’t even had the time to let the seat go cold at the Old Lady of Threadneedle Street. Show More Summary
What the Mark Carney era may offer is a little bit more predictability on monetary policy. Under Mervyn King the main guidance came from the Bank’s quarterly Inflation Report press conferences, MPC… Continue reading The post What can we expect from Mark Carney? appeared first on Spectator Blogs.
After a furore erupted over the decision to replace Elizabeth Fry with Winston Churchill on £5 banknotes, the outgoing Bank of England governor, Sir Mervyn King, explained it was all a terrible misunderstanding. Those fearing that the...Show More Summary
Sir Mervyn King has his last day at the Bank of England today, so it is an ideal time to launch The Man Who Was King, a cleverly-titled (I thought) e-book, pulled together by Iain Dey of The Sunday Times...
George Osborne’s latest spending review has demonstrated how little progress he has made on pushing Britain towards fiscal sanity. On the latest View from 22 podcast, James Forsyth and Isabel… Continue reading The post The View from 22 — Osborne’s spending review, the return of America and goodbye to Mervyn King appeared first on Spectator Blogs.
Jane Austen's image could soon grace British currency, outgoing Bank of England governor Sir Mervyn King has revealed, replacing Charles Darwin on the 10-pound bank note. The author is one of England's most popular historical figures. Show More Summary
Today Sir Mervyn King revealed that Jane Austen is "waiting in the wings" to feature on our next £10 note (CLICK). Why Jane Austen? I was forced to read one of her novels for my "A" Level in English Literature. Boring girlie fiction, high-class Mills & Boon. Show More Summary
This is from the Telegraph Politics Evening Briefing, available to anyone who signs up here. PARTING IS SUCH SWEET SORROW Sir Mervyn King made his last appearance before the Treasury Select Committee before handing over to Mark Carney next week. Sir Mervyn isn't going quietly, and effectively accused senior ministers of putting pressure on financial [...]