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
Mervyn McCord He was appointed Honorary Colonel of the same regiment on 27 August 1985. He served in that role until 27 August 1990 when he was succeeded by the then Major General Roger Wheeler. Mervyn McCord Brigadier Mervyn Noel Samuel McCord, CBE, MC, ADC (25 December 19298 February 2013) was a decorated Irish officer of the British Army who served with distinction during the Korean War and rose to be Commanding Officer of the Ulster Defence Regiment. McCord was born on 25 December 1929 in Armagh, County Armagh, Northern Ireland. He was the elder son of Major George McCord who had