We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Reluctant endorsement

30 January 2008 By Edward Hadas

The Bank of England governor has finally been reappointed for another five years. Northern Rock s problems damaged King s credibility, but the Treasury was probably too weak to let him go. Still, King may be too tough on inflation and moral hazard for the government s taste.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)