A former member of the Monetary Policy Committee has claimed Bank of England governor Mervyn King was "unprepared" for the credit crisis and "controlled the bank with an iron fist."
David Blanchflower, who sat on the MPC between 2006 and 2009, said the governor oversaw an organisation with shockingly "low morale," reports the Telegraph. He described King (pictured) as: "A t...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
