Videos

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

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

Trump to sign ‘close to 100 executive orders’ – as he is set to become 47th US president
Europe’s largest economy is facing a possible third consecutive year of recession
Trump’s swearing-in ceremony to be moved
Greenland’s melting ice is clearing the way for a mineral ‘gold rush’
CFP title game ticket sales surge; Ohio in lead