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You are here:  Home / Mervyn King

Topic: Mervyn King

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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 is the subject or is mentioned in the following stories:

Recession risk looms in Britain

LONDON, Aug. 14 (UPI) -- The governor of the Bank of England said there were signs the British economy could fall into a recession by the end of the year.

Walker's World: European economies unravel

PARIS, July 21 (UPI) -- Europe's economies are running into trouble fast -- or are they? Foreign investors and the central bank don't think so.

Inflation in Britain hits 16-year high

LONDON, June 17 (UPI) -- Inflation in Britain hit a 16-year high in May, prompting an explanatory letter from Bank of England to the country's Chancellor, officials said.

Bank of England maintains interest rates

LONDON, June 5 (UPI) -- Falling house prices did not stop the Bank of England from maintaining its key interest rate at 5 percent Thursday, economic observers said.

Bank of England warns of tough times ahead

LONDON, May 15 (UPI) -- The Governor of the Bank of England, Mervyn King, warns Britain is facing tough economic times ahead.

Walker's World: EU threat to U.K. rescue

WASHINGTON, April 28 (UPI) -- In a striking warning of the loss of national sovereignty that comes with EU membership, Britain's $100 billion bailout plan for its banks and mortgage market is threatened with a ban from Brussels.

Bank of England offers $100 billion swap

LONDON, April 21 (UPI) -- The Bank of England, looking to shore up the country's banks, announced a $100 billion exchange of government bonds for mortgage-backed securities Monday.

Walker's World: The U.K.'s Saudi mess

LONDON, April 14 (UPI) -- Opposition parties never win elections, says the old political rule; governments lose them. And the British government of Prime Minister Gordon Brown, with the help of Saudis, seems to be following the traditional script.

Bank of England rejects rate cut option

LONDON, March 26 (UPI) -- Bank of England Governor Mervyn King told Britain's Treasury Select Committee Wednesday he would not use aggressive interest rate cuts to rescue banks.

Bank of England to keep cash available

LONDON, March 24 (UPI) -- The Bank of England is considering the possibility of pumping more cash into the British economy, sources close to the bank said Monday.
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