Gary Gibbon
Sir Mervyn King: on and off message
Gary Gibbon’s verdict on Sir Mervyn King’s interview on Channel 4 News: some of it helpful to the government – but a red flag of rebellion over the banking reform bill.
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Gary Gibbon
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Would Sir Mervyn get the same job now? Don’t bank on it
It was a very different world in 2003 when the governor of the Bank of England landed the job. What would happen if he applied today?
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Sir Mervyn’s misfortune on inflation targets
As Bank of England Governor Sir Mervyn King takes part in his first live television interview, Channel 4 News charts the above-target inflation rates during the latter half of his tenure.
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Economic crisis: four stories for Sir Mervyn
Ahead of tonight’s extended Channel 4 News interview with Bank of England Governor Sir Mervyn King, we look at how the country’s economic problems have affected the lives of four people.
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Faisal Islam
Bank of England job vacancy points to Vickers
It is the most powerful job ever advertised in Britain. It’s not just that the Bank of England Governor sets monetary policy, interest rates for savers and for borrowers.
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Faisal Islam
Bank of England: QE makes the wealthy even wealthier
The Bank of England has just released a fascinating defence of the unintended consequences of its massive quantitative easing programme. Economics Editor Faisal Islam takes a look.
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Treasury: Mervyn King overstepped powers in Barclays scandal
Sir Mervyn King’s interference in the ousting of Barclays’ chief Bob Diamond is difficult to justify, the chairman of the committee investigating the Libor rate-rigging scandal tells Channel 4 News.
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Standard Chartered to pay $340m fine
Standard Chartered agrees to pay $340m to settle allegations that it hid transactions with Iran from regulators. But did the bank get off lightly? Analysis from Business Correspondent Sarah Smith.
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Bank of England: zero growth expected in 2012
The UK’s economy is not expected to grow at all in 2012 and it will take an “Olympic” effort and hard work to battle the eurozone crisis, domestic deficit-cutting and tight credit conditions.
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RBS pre-tax losses of £1.5bn in first half
Taxpayer-owned RBS lost £1.5bn in the first half of the year after an IT meltdown and setting aside funds to compensate customers mis-sold financial products. It now faces fines for Libor rigging.
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Faisal Islam
“It could be a lot worse…”: Osborne’s five GDP shuffles
Economics Editor Faisal Islam blogs on his meeting with George Osborne – and the five key areas where the chancellor has ‘refined’ his views on the economy.
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Britain hit by longest double-dip recession for 50 years
Britain’s recession continues for a third quarter, with growth declining dramatically by 0.7 per cent from April to June. But Chancellor George Osborne tells Channel 4 News it “could be a lot worse”.
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Faisal Islam
Treasury twins convert to contingent Keynesianism
“We’ve got a big job to do in getting this economy back on its feet,” — Osborne.
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Bank governor denies Libor pressure on Barclays
Sir Mervyn King rejects suggestions that pressure was put on banks to misreport their lending rates, but admits pushing for Bob Diamond’s resignation as Barclays chief executive.
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Key questions for MPs grilling Barclays and FSA
The committee investigating the Libor rate-fixing scandal questions Jerry del Missier, Barclays’ ex-chief operating officer, who reportedly earned £40m a year when the bank was rigging interest rates.
