The Next Bank of England Governor and QE

Bank Of England Building

When Mark Carney takes over as Governor of the Bank of England next month he should move swiftly to implement the additional Quantitative Easing which BofE Governor King has been unable to persuade the MPC is required – a quick look at the supply of money will confirm the need for this.

Breaking Up The Banks

Chisel Split Ice

The possibility of breaking up banks into investment and commercial or retail operations appears to be gaining renewed interest in some quarters – with Mark Carney’s appointment as Governor designate of the Bank of England adding to the enthusiasm for this idea.