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
Former Bank of England, Manchester two support staff Anne Gawthorpe and Melissa Dunn. The Manchester agency also houses an information technology co-ordinator for the agency network, Michael Pearson. Former Bank of England, Manchester The Former Bank of England building at 82 King Street, Manchester, is a historic banking building. It has been recognised as a Grade I listed building, maintained by Manchester City Council. It was designed by Charles Robert Cockerell and constructed in the 1840s, being completed in 1846. The building is still home to the Bank of England agency for the North West. The role of the agency is to maintain contact with