Mervyn King branded a 'tyrant' by ex-MPC's Blanchflower

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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...

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