Mervyn King
King acknowledges risk of wage-price spiral as inflation climbs to double Bank’s target
Inflation of 4% in January prompts Bank of England governor Mervyn King to pen another letter to the chancellor; letter acknowledges mounting inflationary pressures
Bank’s inflation argument ‘fanciful’: ex-MPC’s Julius
Former Bank of England rate-setter DeAnne Julius says inflation expectations risk becoming unmoored; monetary policy acting for financial stability, ex rate-setter Tim Besley adds
Cut Bank’s vote on macroprudential body, say lawmakers
Influential parliamentary committee calls for Bank of England executive directors’ votes to be transferred to external members, citing amount of power vested in central bank
Bank’s Weale explains thinking behind vote for hike
Bank of England external rate-setter Martin Weale says fear of higher inflation expectations becoming ingrained is real
Supply shocks are dictating inflation, King insists
Bank governor reiterates view that temporary events are keeping prices elevated, says development of second-round effects key to picture on underlying inflation; remarks divide analysts
MPC’s Sentance critical of fellow policymakers’ focus on output gap
Bank of England’s Sentance dismissive of overemphasis on domestic output gap; says global factors must not be neglected as merely short-term disturbances when conducting policy
Oddsson renews spat over Icesave dispute
Former Central Bank of Iceland chairman David Oddsson says Mervyn King gave assurance that Icelanders would not have to bear costs of Icesave deposit insurance
ESRB elects sub-committee heads
European Systemic Risk Board elects Poland’s Marek Belka, Italy’s Mario Draghi, Cyprus’ Athanasios Orphanides, Germany’s Axel Weber, to steering committee
King named vice chair of European Systemic Risk Board
Bank of England governor Mervyn King named Trichet’s deputy on ESRB
Bank names former Apax COO as new head of HR
Bank of England names Catherine Brown as executive director for human resources
King called for global bailout in March 2008: WikiLeak
Bank of England governor told US ambassador of need for nations to cooperate in order to recapitalise banking sector
CoCos offer banks more hope than bail-in: CentralBanking.com panel
Contingent capital’s earlier trigger will set in before banks are on the brink of resolution, say panellists; reject narrow banking thesis
WikiLeak sparks King quit calls from Blanchflower
Former Monetary Policy Committee member David Blanchflower says Bank of England governor Mervyn King must resign over lack of political impartiality after new leak on whistleblower website
King is fully justified
The governor of the Bank of England is well within his rights to press politicians on the need for fiscal retrenchment, Robert Pringle argues.
King’s letter to chancellor highlights inflation uncertainty
Inflation of 3.2% in October prompts Bank of England governor Mervyn King to pen another letter to the chancellor; move highlights high degree of uncertainty
A vision is needed of how the UK economy can be rebalanced
It is far from clear how Britain can rebalance its economy, writes Claire Jones
QE2 criticisms “baffling”: King
Attacks on the Federal Open Market Committee’s latest round of asset purchases meet with scorn from Bank of England governor
King: rebalancing pivotal to Britain’s economic health
Bank of England governor says biggest risk to British growth is external demand; relatively unconcerned by housing market
Ex-Bank’s Lomax attacks government over cutbacks
Former MPC member Rachel Lomax lambasts climate of fear promulgated by Britain’s coalition government in order to pave the way for fiscal retrenchment
Mervyn King leans towards radical reform
Insured deposit banks are the way forward, writes Robert Pringle
Bank’s King proposes radical regulatory measures
Bank of England governor Mervyn King assesses policies to reduce banking sector’s dependence on public support
King demands collaboration
Bank of England governor Mervyn King says countries must reach collective solution over global imbalances or risk crippling the global economy through protectionist policies
Sentance: Bank risks losing credibility if rates remain on hold
Bank of England external MPC member Andrew Sentance says central bank risks being seen as not taking its inflation-fighting remit seriously if it does not begin to raise rates