meeting show the committee's vote to keep rates unchanged was unanimous while three out of nine members (including Mervyn King ) voted to increase the size of the central bank's asset purchases by £25B. Sterling ( FXB ) moves 0.44% lower
Sir Mervyn King , the outgoing head of the Bank of England, has called for an end of banker bashing saying it's wrong to "demonise individuals" for the failure of the financial system.
LONDON (Reuters) - Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.
LONDON, May 19 (Reuters) - Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.
LONDON (Reuters) - The single biggest risk to Britain's nascent economic recovery is continued eurozone weakness, the Bank of England's outgoing governor Mervyn King said in a television interview on Sunday.
LONDON, May 18 (Reuters) - A flagship British government scheme to boost mortgage lending must not become permanent like in the United States, outgoing Bank of England Governor Mervyn King said on Saturday.
economy narrowly avoided a similar fate. Meanwhile, sterling ( FXB ) retraces earlier gains (posted after BOE's Mervyn King sounded an upbeat tone on the prospects for the U.K. economy) to trade flat against the greenback. Post your comment
LONDON, May 15 (Reuters) - Mervyn King , the outgoing governor of the Bank of England, heaped criticism on a planned tax on financial transactions in Europe, saying it was unlikely to help the...
LONDON, May 15 (Reuters) - To see the highlights from Mervyn King on the inflation report, please click on
earlier this month and 6-3 against more quantitative easing, the minutes show. As in February and March, Governor Mervyn King was among those wanting the bank to increase the program by another £25B to £400B. The pound, which was already