Bank of England Rational Expectations Hypothesis as promulgated by Walters The handing over of monetary policy to the Bank had been a key plank of the Liberal Democrats' economic policy since the 1992 general election. Conservative MP Nicholas Budgen had also proposed this as a private member's bill in 1996, but the bill failed as it had the support of neither the government nor the opposition. Mark Carney assumed the post of Governor of the Bank of England on 1 July 2013. He succeeded Mervyn King, who took over on 30 June 2003. Carney, a Canadian, will serve an initial five-year term rather
Bank of England Museum Bank of England Museum The Bank of England Museum is located within the Bank of England in the City of London. Its entrance is in Bartholomew Lane, off Threadneedle Street, close to Bank junction and Bank tube station. The museum is open to the general public, free of charge, on weekdays (excluding bank holidays) and on the day of the Lord Mayor's Show. Previously, access to the bank's collections had been by appointment only and visitors were escorted through the bank to a small display area. In the 1980s the Bank of England decided that it would like to make