Bank of England
Tucker’s down on his luck
‘This doesn’t look good, Mr Tucker.’ Andrew Tyrie made this observation towards the end of his Treasury Select Committee’s evidence…
Tucker denies Labour leant on Bank over Libor
So Labour ministers did not ‘lean on’ the Bank of England to encourage lowballing of Libor rates, according to Paul…
Meryvn has his case for more QE
Last Thursday Mervyn King said ‘the case for further monetary easing is growing’, and today’s surprise inflation figures give the…
Fisking Peston
How to explain the King-Osborne plan to pump more cheap credit into the economy? Robert Peston gave his explanation of last…
The IMF says it’s the Bank’s economy now
When the IMF published a report into the UK economy last year, I wrote a blog post detailing how it…
Metaphorical Merv
Mervyn King unfurled a mast of metaphors this morning. ‘We are navigating through turbulent waters, with the risk of a…
Mervyn’s mini mea culpa
The newspapers and internet today are full of headlines about Mervyn King admitting the Bank of England was ‘late to…
GOD isn’t good enough for Threadneedle Street
When Gus O’Donnell was running the civil service, he was known by his initials — GOD. It seems to have…
QE is a government hijack, says King
While Mervyn continues to inflate our universe via Quantitative Easing, another Mr King — Stephen, the chief economist of HSBC…
Yes to new roads, no to a pensions raid
New roads in Britain are badly-needed, but who should bear the costs? Motorists, says David Cameron — and his speech…
Right to reply: Why QE isn’t a disaster for pensioners
The best of all possible worlds for the pension industry is a buoyant economy. Workers have enough money to save,…
How Mervyn King’s role has changed
A week devoted to Mervyn King and his eight-year reign at the Bank of England sounds like pretty turgid stuff.…
Salmond chooses the Brownite way
Can you trust someone like Alex Salmond to save Scotland from future crashes? The First Minister appeared on BBC1’s Sunday…
Post-Moody’s, King backs Osborne
Moody’s doubts might not be making much difference to the actual economy, but they could make a good deal of…
Project Merlin may not wield a magic wand
Are Project Merlin’s lending targets just a myth? On the basis of today’s figures it’s still rather hard to tell.…
A feast of Quantitative Easing
Fire up the printing presses, once again. The Bank of England has just announced another £50 billion of Quantitative Easing,…
Inflation at 4.2 per cent is nothing to cheer
Are today’s inflation figures cause for celebration? The Consumer Price Index rose a mere 4.2 per cent in the year…
Your three-point guide to today’s RBS report
After months of delay, and much hounding by The Spectator’s Select Committee Chairman of the Year, Andrew Tyrie, the Financial…
Those gloomy OECD projections in full
Thanks to the tremors along Westminster’s grapevine, we already knew that today’s OECD Economic Outlook would make for pretty dreary…
Nigel Lawson versus Mervyn King
In this week’s Spectator we have a piece from one of our former editors, Nigel Lawson, where he confronts this…
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