Tuesday, Mar 21, 2023
International Finance

Tag : Bank of England

Business Leaders

Can Mark Carney recreate the Magic in U.K ?

Mark Carney is set to take over in July as governor of the Bank of England, which is trying to steer the UK economy through one of its most challenging and uncertain times. 21 May 2013 It’s curtains for Mervyn King, the Governor of Bank of England, who will be stepping down very soon. The...
Business Leaders

The End of King’s Reign

Sir Mervyn, put it this way in the speech “Whether in this country, the United States or Europe, there was no unsustainable boom like that seen in the 1980’s” this was a bust without a boom. Sir Mervyn Allister King blamed the recklessness of banks and a collective ‘failure of imagination’ for the huge lending...