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

From Scottie Scheffler to everyone else: Breaking down the PGA Championship field
In the EV future, Thailand, the ‘Detroit of Asia,’ could be a key China hedge for automakers
Age limits to be imposed on school sex education for first time, reports
‘That dude paints’: Inside the Pirates’ decision to call up pitching phenom Paul Skenes
Mother whose abusive ex-partner broke her hand leads campaign to change law over access to children