In full: Former BoE Governor warns of a “very unpleasant period” ahead

Videos
Former Bank of England Governor Mervyn King blames central banks for fuelling the cost of living crisis by printing too much money during the pandemic.

King headed Britain’s central bank from 2003 to 2013, and oversaw the start of its QE programme in March 2009 during the global financial crisis.

But in more recent years he has criticised the scale of central bank asset purchases, which were funded by newly-created money.

Read the full story here: https://bit.ly/3PCGd82

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

#BankOfEngland #Economy #Business #Costoflivingcrisis

Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps:
Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Articles You May Like

England vs Japan: Kick-off time, how to watch, team news
Fastest-Moving Stars in the Galaxy May be Piloted by Aliens, New Study Suggests
Ørsted’s largest solar farm in the world is now online in Texas
One of our lagging stocks has found its stride and is outperforming its peers
European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space