Mervyn King

The governor of the Bank of England has said inflation is now at, or close to, its peak rate and will fall back "sharply" early next year.

Alistair Darling has launched a scathing attack on Mervyn King's governorship of the Bank of England during the financial crisis, and warned the government's decision to hand more power to the institution is a mistake.

Felix Martin, economist in the Thames River global credit team, responds to the Bank of England's August Inflation Report.

Hector Sants, the current chief executive of the Financial Services Authority (FSA), and Bank of England governor Mervyn King have been named among the most influential people in the European capital markets.

The UK banking sector faces a further shake-up as the BoE's Financial Policy Committee (FPC) recommended an audit on banks' exposure to eurozone debt, as well as recommending cuts in dividends and bonuses.

Mervyn King has claimed low capital requirements and inadequate limits on leverage have been the most "tragic" aspects of financial regulation.

May's UK inflation reading remained unchanged from April, official figures have shown, giving Bank of England governor Sir Mervyn King some respite.

Bank of England governor Mervyn King has been knighted for his role in steering the UK through the financial crisis.

After admitting the MPC has lost control of inflation, Alan Wilde, head of fixed income and currency at Barings, asks if the Bank of England governor is losing his credibility.

The Bank of England is right to hold interest rates at record lows of 0.5% as governor Mervyn King takes a long-term view, according to George Osborne.