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
Cultural depictions of Stephen, King of England Cultural depictions of Stephen, King of England King Stephen of England (c. 1092/6 – 25 October 1154) was a grandson of William the Conqueror, and has been depicted in various cultural works. He was King of England from 1135 to his death, and also the Count of Boulogne "jure uxoris". His reign was marked by civil war with his cousin and rival the Empress Matilda, in a period called the Anarchy which has been dramatized by Beth Flintoff in her play "Matilda the Empress", first performed in November 2017 at St James's Church, Reading. Stephen was succeeded by Matilda's son,