BoE's King on the UK economy

In a speech given on 13 June, Mervyn King of the Bank of England said consumer spending may bounce back after a weak first half and that inflation may accelerate.

King said balancing those risks is a 'difficult' task but added that the rate-setting Monetary Policy Committee will react 'promptly' to whichever of those risks 'appears to be materialising in the months ahead'.

'As a true Yorkshire batsman would say: be ready to play on either foot and keep your eye on the data,' he said.


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:

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: