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Mervyn King

Bank of England expects growth to slow in Q2 2001

The United Kingdom's annual growth rate will drop to around 2% in the second half of 2001, the Bank of England projected, even as unemployment data showed the number of jobless Britons fell far more than expected in January 2001. In its first quarterly…

BoE's forecast confirms loosening stance

The Bank of England's February 2001 inflation report confirmed marketexpectations that UK interest rates were likely to head down over thecourse of 2001. Mervyn King, deputy governor for monetary stability, who presented thereport despite a bout of flu,…

Probe begins at Bank into declining staff morale

The governing court of the Bank of England has ordered an investigation into falling morale at the Bank, following the introduction of a controversial new benefits package for staff.

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