Bank of England Governor Mervyn King said an economic recovery in the U.K. appears to be under way and advised his successor, Mark Carney, to “be himself.”
Bank of England Governor Mervyn King retires in two days after a career that saw a decade of economic calm before a struggle with a financial crisis that initially threatened to end his leadership.
Bank of England Governor Mervyn King said it may be appropriate to review the U.K.’s inflation- targeting regime, and that government measures to strengthen the economy are needed to underpin a “gentle recovery.”
"It was exciting and it was fascinating and it was the sort of problem that we had been trained to deal with over many years."
- Mervyn King on Dec 29, 2014