Gordon Brown

Mervyn King and Northern Rock

The question of Mervyn King's reappointment as governor of the Bank of England has become inextricably linked to the saga of Northern Rock, says Robert Pringle, the editor of Central Banking journal.

City wants to keep King

City of London bankers and economists have said they want Mervyn King, the beleaguered governor of the Bank of England, to serve a second term.

Why King lacks allies

Just when Mervyn King, the governor of the Bank of England, was hoping for a respite from the battering he has received from the Treasury Select Committee and others over his handling of the Northern Rock debacle, along comes a heavyweight in the shape…

Brown promises transparency on MPC appointments

Gordon Brown, Britain's Prime Minister designate, has vowed to make the process of appointing the Bank of England's Monetary Policy Committee members more transparent, including an open invitation to candidates.

Conservatives want one-term limit for BoE governor

Britain's opposition Conservative Party is considering a one-term limit for the governor of the Bank of England, a policy that would mark the biggest change in the framework for monetary policy since the bank was made independent in 1997.

Ex-BoE George on 1997 independence

Former Bank of England governor Eddie George said in an interview with the Financial Times Wednesday 2 May that he didn't consider resigning when the BoE was given independence in 1997, relieving it of the role of supervising commercial banks.

BoE's Tucker on financial system developments

In the speech 'A perspective on recent monetary and financial system developments' given on 26 April Paul Tucker of the Bank of England suggested that UK interest rates are nearing levels at which they will really cut into economic activity.

Kate Barker reappointed to Bank of England's MPC

Kate Barker, who recently completed the Barker Review of Land Use Planning, was reappointed to the Bank of England's Monetary Policy Committee (MPC) for a further three-year term on Monday 23 April, becoming the first external member to serve a third…

BoE's King walks into political storm

Mervyn King, the governor of the Bank of England, was at the centre of a political row Monday 30 October after a speech in chancellor Gordon Brown's constituency in which he lauded Scotland's success and prosperity under the Union.

Is King readying his pen reluctantly or eagerly?

The UK press has jumped on the admission by Mervyn King that he might soon have to write a letter to the chancellor if inflation climbs above the 3% limit, but such a letter would not be the admission of failure that many imply.

Too much secrecy in appointing the Bank's MPC

Writing in the Financial Times on Friday 7 July, UK shadow chancellor George Osborne says the appointment process to the Bank of England's Monetary Policy Committee has been brought into sharp focus with the MPC down to seven of its full complement of…

Comment: Vacant BoE MPC seats

Following the sad and unexpected news of the death of David Walton, a member of the Bank of England's Monetary Policy Committee, the British Treasury has yet another appointment to make.

Bank of England's Walton dies unexpectedly

David Walton, a member of the Bank of England's Monetary Policy Committee, died unexpectedly on Wednesday night after a short illness, the Bank said in a statement released on Thursday 22 June. Mr Walton was 43.

Comment: The BoE's 'brain on the plane'

David Blanchflower came out fighting Wednesday 24 May in an assured performance before the Treasury Select Committee. The appointment of the US-based academic to the Bank of England's Monetary Policy Committee has been controversial, but he maintains…

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