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Mervyn King was a scholar for 20 years before joining the Bank of England.?Photo: BLOOMBERG

The son of a railway Chesham Bois clerk, Buckinghamshire, Governor of the Bank of England was tagged as exceptionally bright at a young age.

When he left Cambridge in 1969, he was one of the students from 12 to 200 economy just to give a first.

Each of his four papers were marked "Alpha", marking him as one of the best economists of his generation.

Mr. King then 20 years were spent as a universitaire.Il came to fame as a professor at the London School of Economics, produce innovative documents which attracted the attention of the representatives of the Government tax.

At the end of the 1980s, he had an opening at the Bank of England, as a member of the "Court" or the Board of Directors .enfin, he joined the Bank as its Chief Economist in 1991.

This is Mr. King, who reinvented quarterly newsletters dusty Bank reports inflation awaited financial media worldwide.

A huge sports fan, he peppered his last speech presenting the report references cricket and once went up to organize a game between employees of the Bank of England and the obvious .moins ex-Villa players is Mr. King love of music.

As Governor, he has been criticized by a former member of the monetary policy Committee (MPC), David Blanchflower, as being "the old Bank of England iron fist".Alternative views, said Mr. Blanchflower, gave "abused".

However, another former member of the CPC, speaking on condition of anonymity, disagreement: "Mervyn has an energetic and bullying personality, but this is not the same as the group reflection."

"It is always a risk of committees, but the structure of the CPC makes it less likely to suffer from"reflection group"because it has such a rapid turnover of external members."

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