Mervyn King Articles

In British political history, food has previously played an important role. Clement Attlee's postwar government saw the end of rationing as the political domestic issue of the day, and a young minister – Harold Wilson – made his name championing the end of these...

It is not great news for any government to find that its economic policy has been discredited. The latest GDP figures showed the economy shrank again last quarter, by 0.7 per cent. That must be particularly hard to take for a coalition government formed, it was...

It seems as if our MPs have only just come back – but at the end of this week they’re off again for their Whitsun recess and won’t be back until June 11. Before they no doubt put up the bunting for the forthcoming diamond jubilee celebrations, there is the small...

Bank of England governor Mervyn King recently declared in the 2012 BBC Today Programme lecture that ‘our banking and financial system overextended itself’. This included allowing financial institutions to leverage their balance sheets by over 50 times, and making use...