King grilled over £37bn grabbed by UK Treasury

mervyn-king-parliamentary-commission

Mervyn King, governor of the Bank of England (BoE), was today (November 27) questioned by the UK parliament's Treasury Committee about the £37 billion ($59 billion) in profits from the BoE's quantitative easing (QE) programme the Treasury is appropriating to help finance the government's budget deficit.

King made his quarterly appearance before the committee alongside Martin Weale, Ben Broadbent and Paul Fisher, three members of the BoE's Monetary Policy Committee (MPC).

Much of the hearing was

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: