Bank of England ties low rates to unemployment target

LONDON, Aug. 7 (UPI) -- The Bank of England said Wednesday that it would keep its 0.5 percent overnight interest rate in place until the unemployment rate dropped to 7 percent.

Austen may be new face of 10-pound note

LONDON, June 25 (UPI) -- Outgoing Bank of England Governor Mervyn King said famed author Jane Austen could be the face of the new 10-pound note.

Paul Tucker to leave Bank of England

LONDON, June 14 (UPI) -- Paul Tucker, the Bank of England's deputy governor, said he'll be leaving his post after 33 years with the bank, and after failing to advance to the top job.

BOE raises expectations in Britain

LONDON, May 15 (UPI) -- Bank of England Gov. Mervyn King said Wednesday that prospects had improved for economic growth and tamer inflation in the second quarter for Britain.
Sir Winston Churchill to be featured on British banknote in 2016

Sir Winston Churchill to be featured on British banknote in 2016

LONDON, April 26 (UPI) -- Former British Prime Minister Sir Winston Churchill will be featured on a British banknote set to begin circulation in 2016, the Bank of England said.

UPI NewsTrack Business

Markets stumble Monday ... Growth in healthcare spending at a crawl ... Benefits of an MBA are sliding ... Regulators soften Basel III rules ... News from United Press International.

Regulators soften Basel III rules

BASEL, Switzerland, Jan. 7 (UPI) -- An international committee of finance regulators in Switzerland said it would back up on new requirements imposed on banks to cushion them against collapse.

Britain picks Canadian for BOE post

LONDON, Nov. 26 (UPI) -- British Chancellor of the Exchequer George Osborne announced Monday the next Bank of England governor would be Mark Carney, head of the Bank of Canada.

Regulator recommends Libor overhaul

LONDON, Sept. 28 (UPI) -- Martin Wheatley of Britain's Financial Services Authority said Friday administration of the London Interbank Offered Rate requires a systematic overhaul.

Central Bank revolution

PARIS, Jan. 9 (UPI) -- Perhaps the most portentous result of the financial crisis has been the way central banks have taken extraordinary and unprecedented measures to maintain credit and liquidity.
MARTIN WALKER, UPI Editor Emeritus
King says 'headwinds' are gaining strength

King says 'headwinds' are gaining strength

LONDON, Aug. 10 (UPI) -- Bank of England Gov. Mervyn King said Wednesday public and private debt is a mounting barrier to economic growth, which has already turned sluggish.
BOE goveror slams banking industry

BOE goveror slams banking industry

LONDON, March 5 (UPI) -- Bank of England Gov. Mervyn King has chastised British banks for chasing a quick profit at the expense of their customers.

Britain's recovery slower than expected

LONDON, Feb. 10 (UPI) -- The British economy will take longer to recover and inflation should peak at 3.5 percent early in 2010, Bank of England officials said Wednesday.
Fallout from a bailout

Fallout from a bailout

The politics behind the economic reforms took a trans-Atlantic twist with a key British banker Tuesday tipping his hat to the U.S. president.
ANTHONY HALL, United Press International
BOE's King favors some radical reforms

BOE's King favors some radical reforms

LONDON, Jan. 26 (UPI) -- Bank of England Gov. Mervyn King said Tuesday he does not favor assessing a so-called Tobin Tax on bank transactions.
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Mervyn King
British Central Bank Governor Mervyn King poses for a photograph at the Treasury Department in Washington on October 19, 2007. (UPI Photo/Alexis C. Glenn)

Mervyn King (born 4 January 1966, in King's Lynn) is a lawn bowler from Fakenham. He represented England at the 2002, 2006 and 2010 Commonwealth Games where he won a silver medal, with Stuart Airey, in the men's pairs competition. He was also the 2006 World Indoor Singles Champion.

World Bowls Tour : Mervyn King

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Mervyn King."
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