Incoming B of E chief King prepared to lose vote

Mervyn King a noted hawk on the Bank of England's Monetary Policy Committee has said he is prepared to vote against the majority if necessary when he takes up his post as governor in the summer.

Source: Financial Times

Mervyn King, who takes over as governor of the Bank of England in the summer, has insisted he would be prepared to be on the losing side of a vote in the Bank's monetary policy committee.

Questioned by the Treasury select committee, he denied suggestions that as governor he would

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