Bank of England
(Bank of England - BOE)
Bank of England (the Bank of England) can be described as a less independent central bank because the government can reject its decisions. The history of this bank was not easy. Yet, despite the fact that inflation in Britain remained high until 1991, to put it in the mid-80's double-digit percent growth, the Bank of England was able to successfully prove to the world its ability to direct the movement of the pound, repeating the steps of the exchange mechanism (RBM).
After joining the RBM in the late 90s, the bank has shown skill in keeping the pound within 6 percent of the permitted level relative to the Deutschmark, the pound while staying in the OVM was not long. The contradiction between the artificially maintained high interest rates and the weakness of the participants RBM British economy have caused a mass sell-pound in September 1992
Chairman of the Bank of England (Governor): Mervi King (Mervyn King)
Vice-Chairman of the Bank (Deputy Governor)
Rachel Lomax (Rachel Lomax)
GIVE Sir John (Sir John Gieve)
Executive Director (Executive Directors):
Paul Tucker (Paul Tucker)
Charles Bean (Charles Bean)
Members of the Monetary Committee (Members of the Policy Board):
Veyker Kate (Kate Barker)
Nickell, Stephen (Stephen Nickell)
Walton, David (David Walton)
Richard Lambert (Richard Lambert) - left the Committee in March 2006, and temporarily Committee shall consist of eight members instead adopted nine
