Arise Sir Mervyn

On the day the Bank of England announced that inflation is still more than double the target of 2%, Mervyn King is to be knighted. When the target has been missed for the last three years, you have to wonder what is the point of it? Whatever happened to performance related rewards?

There was the first run on a bank in some 200 years on his watch. The Bank of England’s official position is that deflation is the danger. He’s been photographed repeatedly during crisis days at Wimbledon and Lords, and now he’s off to the Palace. Arise Sir Mervyn of Credit Crunch…


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Lucy Allan explains her positive comments about the Brexit Party…

“If EU elections are held, Leave supporting voters will want to vote for Leave supporting candidates… Usual party loyalties will be eclipsed by the Leave v Remain divide. It’s good to see strong candidates in the Leave camp. However, I sincerely hope we leave the EU before these elections are held so that we can move on and not waste time and money on unnecessary EU elections.”

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