Bank of England

Brown and King miss the point on bank break up

Mervyn King and Gordon Brown are both wrong over the future of the banks. Both have failed to point out that the banking system was brought to its knees by the interdependency of institutions. They need to be split up because the supernormal profits are emblematic of monopoly power.

Varun Chandra ·

Central banker contradicts Cameron’s monetary policy claims

David Cameron's economic policy today faces a new attack from a respected central banker. Paul Fisher, head of markets at the Bank of England, appears today to contradict remarks made by David Cameron in his leader's speech at Conservative party conference a week ago.

Will Straw ·
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