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
Supreme Governor of the Church of England the General Assembly of the Church of Scotland as his or her personal representative, with a ceremonial role. The Queen on occasion has filled the role personally, as when she opened the General Assembly in 1977 and 2002 (her Silver and Golden Jubilee years). Supreme Governor of the Church of England The Supreme Governor of the Church of England is a title held by the British monarch that signifies titular leadership over the Church of England. Although the monarch's authority over the Church of England is largely ceremonial, the position is still very relevant to the church and is mostly