Mervyn King - latest news, breaking stories and comment - The Independent
News Scottish First Minister Alex Salmond presents the White Paper for Scottish independence

Scotland's First Minister will have face-to-face talks with the latest Bank of England governor for the first time

James Moore: Sir Mervyn King showed it's back to the future in banking

It's back to the future in banking, with the return of the nod and a wink from an all powerful Bank of England when things need to get done.

Governor of the Bank of England Sir Mervyn King says Barclays 'was in state of denial' about regulators' concerns

Sir Mervyn King said that Barclays’ board had been “deeply reluctant” to face up to concerns of the Financial Services Agency.

Leading article: A parliamentary inquiry that must raise its game

The Libor scandal may prove to be the thread that leads to the heart of the labyrinth

Bob Diamond was 'utterly depressed'

Marcus Agius described the dramatic moment when he was summoned by the Governor of the Bank of England and told Bob Diamond had to go.

US economist warns Vickers bank reform is doomed

Sir John Vickers' Independent Commission on Banking (ICB) will today be accused of "a dangerous dereliction of duty" by one of the Bank of England Governor's favourite economists.

Warning that Vickers bank reform is doomed to failure

Report comes as pressure mounts on Barclays to spin off investment bank
Sir Mervyn King: The Governor of the Bank of England was warned in August 2007, a month before everyone else, that Northern Rock had serious problems, but did nothing to prevent the first run on a British bank in decades. He then 'panicked', according to angry MPs, yet stayed in his job and last year picked up a knighthood.

Sir Mervyn King issues gloomy financial forecast

Bank of England Governor Sir Mervyn King has said he is "pessimistic" over the chances for a eurozone recovery and warned Britain is still not halfway through the financial crisis.

The Bank of England’s Mervyn King warned yesterday that UK inflation would stay above target

Banking: King hits panic button

Fears of new credit crunch prompt Bank of England to kickstart emergency lending scheme

I'd support crisis probe, says bank chief

A Parliamentary inquiry into the performance of the Bank of England during the financial crisis should be ordered immediately, MPs said last night, after the Bank's Governor Sir Mervyn King made the surprise statement that he would be happy to co-operate with such a probe.

Leading article: Few signs of contrition from Sir Mervyn King

Despite everything, the Bank of England now has vastly expanded powers

The Governor's call for reforms of the banking sector to be speeded up is likely to meet a hostile reception in the Square Mile

Sir Mervyn King tells George Osborne: you must act now to tame the City

'Vested interests' are trying to kill reforms, warns Governor of the Bank of England

The Ulster Bank's five pound note features the Northern Ireland football icon George Best

Currency: Can the nation decide who is truly noteworthy?

What does it take to make it on to a bank note? Besides being the Queen, one has to do something special to get on to one (like George Best's Ulster Bank fiver).

Amol Rajan: Chance to hear one of the world's great minds, for free

One of the finest minds in the world has spent the past year in London, barely noticed by a media class that (like your correspondent) is fond of bemoaning a decline in standards. Yet though his tenure as Philippe Roman Chair in History and International Affairs at the London School of Economics is coming to an end, the impact that Ramachandra Guha has had on those lucky enough to share a hall with him has been profound.

David Blanchflower: The Bank of England gets it wrong yet again

Economic Outlook: For the umpteenth time the Bank is forecasting rapid recovery

Simon English: QE isn't a runaway success, and we should be grateful

Inventing money to chuck at banks in the vague hope that they'll do the right thing with it is over, Sir Mervyn King seemed to signal yesterday. The Bank of England is a mere £325bn into its quantitative easing experiment and hopefully that will be the end of it.

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