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Channel 4 (Free subscription) | 9 hours ago
The decision by US officials to takeover troubled mortgage lenders Fannie Mae and Freddie Mac has rallied shares in Europe and beyond.But how will the controversial move to bankroll and guarantee mortgages be greeted by officials this side of the pond, and by Mervyn King, the Bank of England governor, in particular? "On the record I'm sure he [Mervyn King] would just say...
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IOL (Free subscription) | 09/05/2008
By Ed PearceLondon - An ambitious scheme to boost self-confidence and discipline among British children by reviving competitive cricket in state schools is thriving after three years and its founders are determined to sustain it."It's far and away the biggest programme of this kind ever put in place by any sport, I think, in the UK," said the governor of the Bank of England, Mervyn King.King...
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Daily Mail (Free subscription) | 09/06/2008
... who as Lord Chief Justice is head of the judiciary in England and Wales, earns £236,300, while Mervyn King, Governor of the Bank of England, is paid £290,000.Dr Belcher, 61, chief executive of the Anchor Trust, has more than doubled the value of his pay package over seven years.He is thought to be the first public servant outside industries such as the Royal Mail, the railways and...
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Daily Mail on Sunday (Free subscription) | 09/06/2008
... who as Lord Chief Justice is head of the judiciary in England and Wales, earns £236,300, while Mervyn King, Governor of the Bank of England, is paid £290,000.Dr Belcher, 61, chief executive of the Anchor Trust, has more than doubled the value of his pay package over seven years.He is thought to be the first public servant outside industries such as the Royal Mail, the railways and...
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Trader Pool (Free subscription) | 09/04/2008
A year ago this week interbank lending froze up, heralding 12 months of turmoil in the markets. So where do we go now? 10 leading figures give their opinions. Mervyn King, Governor of the Bank of England We are seeing that all the major financial institutions are going to go a lot further than might [...]
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Mirror.co.uk (Free subscription) | 09/05/2008
... ever put in place by any sport, I think, in the U.K.," said the governor of the Bank of England, Mervyn King.King is president of Chance to Shine, the Cricket Foundation charity's 50-million-pound, 10-year programme to reintroduce competitive cricket to two million pupils in a third of all state schools.The key to success was the ambitious scale of the project, King...
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Secured Loans (Free subscription) | 09/05/2008
... dollar fell sharply on Wednesday, and this was after a gloomy forecast from the governor of the , Mervyn King, who said that inflation could hit 5% before the end of the year and that growth was likely to remain flat for the next year.
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Independent.ie - European RSS Feed (Free subscription) | 09/04/2008
The Bank of England kept the benchmark interest rate unchanged as policy makers judged the fastest inflation in more than a decade outweighed the risk that the economy is sinking into a recession.The Monetary Policy Committee, led by Governor Mervyn King, left the bank rate at 5 percent, the central bank said in London today. The decision was predicted by all 61 economists in a Bloomberg...
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Financial Time (Free subscription) | 09/04/2008
In the midst of a troubled political and economic “relaunch”, Gordon Brown must be wishing he had made economic growth an explicit goal for the UK’s central bank alongside fighting inflation. Mervyn King, the bank’s governor, and the rest of the monetary policy committee might then have given him more of a helping hand on Thursday with an interest rate cut.
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Miami Herald (Free subscription) | 09/04/2008
... speculation that a cut in the cost of lending is on the way by the end of the year.Bank governor Mervyn King acknowledged last month that two negative quarters of economic growth - the working definition of a recession - was very possible.Committee member David Blanchflower, who has voted for a quarter of a percentage point cut for the past three months, has said he is concerned that...
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Deutsche Welle: DW-WORLD.DE (Free subscription) | 09/04/2008
... economists believe that the Bank of England's nine-member monetary committee headed up by Governor Mervyn King, will be forced to trim the cost of money by the end of the year. This week's ECB and Bank of England meetings came at a critical moment for the European economy as analysts attempt to assess the damage to growth caused by the global financial crisis, high inflation and the...
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The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... economists believe that the Bank of England's nine-member monetary committee headed up by Governor Mervyn King, will be forced to trim the cost of money by the end of the year. This week's ECB and Bank of England meetings came at a critical moment for the European economy as analysts attempt to assess the damage to growth caused by the global financial crisis, high inflation and the...
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International Herald Tribune (Free subscription) | 09/04/2008
... economist Howard Archer, adding that he expected a cut before the end of 2008.The bank's governor, Mervyn King, acknowledged last month that two negative quarters of economic growth - the working definition of a recession - was very possible.A bank committee member, David Blanchflower, who has voted for a quarter of a percentage point cut for the past three months, has said he is...
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Business Spectator (Free subscription) | 09/04/2008
... for a half-point cut in borrowing costs this month. The remaining seven, including Bank Governor Mervyn King, thought no change was the best option given the competing risks. A similar analysis is expected this week. Some economists believe a rate cut could come as early as November as inflation may have peaked by then, particularly if oil prices continue to fall. Crude oil prices...
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Seattle Times (Free subscription) | 09/04/2008
... speculation that a cut in the cost of lending is on the way by the end of the year.Bank governor Mervyn King acknowledged last month that two negative quarters of economic growth - the working definition of a recession - was very possible.Committee member David Blanchflower, who has voted for a quarter of a percentage point cut for the past three months, has said he is concerned that...