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
The Bastard King of England Spain would not become a united kingdom until the 15th. Also, it would be quite impossible to drag anyone from France to England behind a horse before the Channel Tunnel was dug. According to Ed Cray, author of "Bawdy Ballads", "As the story goes, Rudyard Kipling wrote 'The Bastard King of England' (pronounced En-ga-land') and that authorship cost him his poet laureate's knighthood. It is too bad that the attribution is apparently spurious; 'The Bastard King' would undoubtedly be Kipling's most popular work" if he had actually written it. A very similar song (though with clean lyrics), called "The Phony