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 Tuchet, 4th Earl of Castlehaven Mervyn Tuchet, 4th Earl of Castlehaven Mervyn Tuchet, 4th Earl of Castlehaven (died 2 November 1686) was the third son of Mervyn Tuchet, 2nd Earl of Castlehaven and his first wife, Elizabeth Barnham (1592 – c. 1622). He married Mary Talbot (buried 15 March 1710/1), daughter of John Talbot, 10th Earl of Shrewsbury (bef. 1601–1654) and his wife, née Mary Fortesque. They had at least three children: He succeeded his brother James as Earl of Castlehaven on 11 October 1684. He also held the lower titles 14th Baron Audley and 2nd Baron Audley of Hely. On his death, his titles