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
Juliet Wheldon Juliet Wheldon Dame Juliet Louise Wheldon DCB, QC (26 March 1950 – 2 September 2013) was a British civil servant, latterly (as of 2009) the legal adviser to Mervyn King, the Governor of the Bank of England. From July 2000 until 2006 she was the first British woman to serve as Treasury Solicitor and Head of the Government Legal Service. In 2008 she was named as one of The Times Law 100. Wheldon attended Sherborne School For Girls and Lady Margaret Hall, Oxford, where she read history, before being called to the Bar by Gray's Inn in 1975. Dame Juliet