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Mervyn King


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Business Briefing: June 27, 2008

BY '09, BRITAIN'S INFLATION EXPECTED TO PASS 4% | Bank of England Governor Mervyn King said Thursday that inflation was likely to rise to above

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Income and outgoings to cause consumers a problem

The governor of the Bank of England, Mervyn King, has recently made a worrying speech over the effects of low income and increasing outgoings, stating that consumers need to brace themselves for a very challenging time over the coming months in terms of their finances. Consumers are already struggling to cope ...

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Bean bags role as defender of the faith at bank

Bank of England governor Mervyn King is not a monarch but merely a "strong figure", according to new deputy Charlie Bean.

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Difficult Gift Card

Thanks to Alex for this one. It’s from a Times piece about the reappointment of Mervyn King for a second term as Governor of the Bank of England. Yes, I’ve had it in my inbox since January. I have been attacked today in Tesco for sending a Birthday card to my sister aged [...]

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Central bank tries to alleviate worries over rate rises

Policy makers from the Bank of England, along with its Governor, Mervyn King, have tried to alleviate fears over the base rate being hiked up in the coming months by stating that whilst the central bank needs to try and bring down sky-high inflation levels it is also keen to avoid deepening economic gloom and [...]

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Stephen King: What if the Bank has lost its magic?

Mervyn King, Governor of the Bank of England, told the House of Commons Treasury Select Committee last Thursday that "a change in the prices of food and energy relative to other prices can't by itself produce sustained inflation unless we allow other prices and wages to rise at a faster rate".

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World business in brief: British inflation on upswing

British inflation is likely to top 4 percent by 2009 because of rising food and fuel prices, Bank of England governor Mervyn King said Thursday.

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Bank chief Mervyn King: Ask for a pay increase and interest rates will rise

Demands for inflation-busting pay increases will be self-defeating if they trigger a rise in interest rates, the Bank of England warned yesterday.

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King criticises countries who peg currency to US dollar

Bank of England governor Mervyn King yesterday blamed countries that peg their currency to the dollar for pushing up oil prices and boosting global inflation.

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Mortgage the future with the MPC

letter sent to papers early this year, looks fairly prophetic now...but based on obvious stuff Dear Editor, Your report on the bleak prospects for Mervyn King as he goes into his second term as Governor (Guardian Jan 31st) with all signs showing a noxious mixture of economic recession and spiralling inflation on the horizon, is timely. Rising fuel prices, in the 1990s a barrel of oil cruised at $10...

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Bank of England Governor Mervyn King tries to calm fears of interest rate rise

Fears of immediate interest rate rises receded yesterday as Mervyn King, Governor of the Bank of England, said that drastic rate moves to curb inflation could plunge the country into recession.

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Bank chief Mervyn King: Ask for a pay increase and interest rates will rise

Demands for inflation-busting pay increases will be self-defeating if they trigger a rise in interest rates, the Bank of England warned yesterday.

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Mervyn King wary of predictions at Treasury select committee

As Yogi Berra, American baseball player, once observed, "It's tough to make predictions, especially about the future," but we are happy to note that Mervyn King, Governor of the Bank of England, can express the same thought just as forcefully.

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Bank chief Mervyn King warns against reckless pay demands by threatening interest rate rises

Bank of England Governor Mervyn King today warned that inflation is set to hit more than 4% this year as petrol, energy and food prices continue to rise.

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BoE Governor reluctant to raise base rate

The Governor of the Bank of England, Mervyn King, has indicated that he is reluctant to raise the base rate in an effort to maintain the Government’s inflation target of 2%. Addressing the House of Commons Treasury Committee, Mr King spoke about the balancing act of addressing inflationary pressures while remaining mindful of the dangers of [...]