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Mervyn King and the government

In which Mervyn tries to explain what he thinks about what is happening while the Prime Minister is out of the country (report from Faisal Islam). Realists suggest the governor is carefully distancing himself from the political leadership in case of unfortunate occurences – events such as unemployment, stagnant or falling wages for work and rising prices for day-to-day items of shopping.

There’s an archive cartoon from Channel 4 News about the many interest rate cuts of last autumn, below.
Cartoon caricature of Mervyn King, governor of the Bank of England cuts the bank base interest rate by 1.5%. Published by Channel 4 News. Drawn by Matt Buck Hack cartoons. Copyright and all image rights Matt Buck Hack cartoons
Published at Channel 4 News.

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