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Mervyn King, Baron King Of Lothbury
Mervyn Allister King, Baron King of Lothbury, (born 30 March 1948), is a British economist and public servant, who was Governor of the Bank of England from 2003 to 2013. Emeritus Professor of the London School of Economics and Chairman of the Philharmonia since 2020, Lord King serves as President of Marylebone Cricket Club for 2024/25. Born in Buckinghamshire, King was educated at Wolverhampton Grammar School, Staffordshire, before going up to read economics at King's College, Cambridge, and Harvard University. Elected a Fellow of St John's College, Cambridge, working as a researcher on the Cambridge Growth Project he then taught at the University of Birmingham, Harvard and MIT, before becoming a Professor of economics at the London School of Economics. He joined the Bank of England in 1990 as a non-executive director, and became the chief economist in 1991. In 1998, he was promoted deputy governor of the Bank and a member of the Group of Thirty. King was appointed as G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Right Honourable
''The Right Honourable'' (abbreviation: The Rt Hon. or variations) is an honorific Style (form of address), style traditionally applied to certain persons and collective bodies in the United Kingdom, the former British Empire, and the Commonwealth of Nations. The term is predominantly used today as a style associated with the holding of certain senior public offices in the United Kingdom, Canada, New Zealand, and, to a lesser extent, Australia. ''Right'' in this context is an adverb meaning 'very' or 'fully'. Grammatically, ''The Right Honourable'' is an adjectival phrase which gives information about a person. As such, it is not considered correct to apply it in direct address, nor to use it on its own as a title in place of a name; but rather it is used in the Grammatical person, third person along with a name or noun to be modified. ''Right'' may be abbreviated to ''Rt'', and ''Honourable'' to ''Hon.'', or both. ''The'' is sometimes dropped in written abbreviated form, but is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Servant
The civil service is a collective term for a sector of government composed mainly of career civil service personnel hired rather than elected, whose institutional tenure typically survives transitions of political leadership. A civil service official, also known as a public servant or public employee, is a person employed in the public sector by a government department or agency for public sector undertakings. Civil servants work for central and local governments, and answer to the government, not a political party. The extent of civil servants of a state as part of the "civil service" varies from country to country. In the United Kingdom (UK), for instance, only The Crown, Crown (national government) employees are referred to as "civil servants" whereas employees of local authorities (counties, cities and similar administrations) are generally referred to as "local government officers", who are considered public servants but not civil servants. Thus, in the UK, a civil servant is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Group Of Thirty
The Group of Thirty, often abbreviated to G30, is an international body of financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sectors. Areas within the interest of the group include: the foreign exchange market, international capital markets, international financial institutions, central banks and their supervision of financial services and markets, and macroeconomic issues such as product and labor markets. The group is noted for its advocacy of changes in global clearing and settlement. History The Group of Thirty was founded in 1978 by Geoffrey Bell at the initiative of the Rockefeller Foundation, which also provided initial funding for the body. Its first chairman was Johannes Witteveen, the former managing director of the International Monetary Fund. Mark Carney was the recent Chair before stepping down in January 2025 to run for election in Canada. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professor
Professor (commonly abbreviated as Prof.) is an Academy, academic rank at university, universities and other tertiary education, post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin as a 'person who professes'. Professors are usually experts in their field and teachers of the highest rank. In most systems of List of academic ranks, academic ranks, "professor" as an unqualified title refers only to the most senior academic position, sometimes informally known as "full professor". In some countries and institutions, the word ''professor'' is also used in titles of lower ranks such as associate professor and assistant professor; this is particularly the case in the United States, where the unqualified word is also used colloquially to refer to associate and assistant professors as well, and often to instructors or lecturers. Professors often conduct original research and commonly teach undergraduate, Postgraduate educa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. In response to the increasing Technological and industrial history of the United States, industrialization of the United States, William Barton Rogers organized a school in Boston to create "useful knowledge." Initially funded by a land-grant universities, federal land grant, the institute adopted a Polytechnic, polytechnic model that stressed laboratory instruction in applied science and engineering. MIT moved from Boston to Cambridge in 1916 and grew rapidly through collaboration with private industry, military branches, and new federal basic research agencies, the formation of which was influenced by MIT faculty like Vannevar Bush. In the late twentieth century, MIT became a leading center for research in compu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard College
Harvard College is the undergraduate education, undergraduate college of Harvard University, a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Part of the Harvard Faculty of Arts and Sciences, Faculty of Arts and Sciences, Harvard College is Harvard University's traditional undergraduate program, offering BA (Bachelor of Arts) and BS (Bachelor of Science) degrees. It is highly selective, with fewer than four percent of applicants being offered admission as of 2022. Harvard College students participate in over 450 extracurricular organizations and nearly all live on campus. First-year students reside in or near Harvard Yard while upperclass students reside in other on-campus housing. History Harvard College was founded in 1636 by vote of the Massachusetts General Court, Great and General Court of the Massachusetts Bay Colony. Two years later, the college became home to North America's first known printing press, carri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Birmingham
The University of Birmingham (informally Birmingham University) is a Public university, public research university in Birmingham, England. It received its royal charter in 1900 as a successor to Queen's College, Birmingham (founded in 1825 as the William Sands Cox, Birmingham School of Medicine and Surgery), and Mason Science College (established in 1875 by Sir Josiah Mason), making it the first English red brick university, civic or 'red brick' university to receive its own royal charter, and the first English Collegiate university, unitary university. It is a founding member of both the Russell Group of British research universities and the international network of research universities, Universitas 21. The student population includes undergraduate and postgraduate students (), which is the List of universities in the United Kingdom by enrollment, largest in the UK (out of ). The annual income of the university for 2023–24 was £926 million of which £205.2 mil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Staffordshire
Staffordshire (; postal abbreviation ''Staffs''.) is a Ceremonial counties of England, ceremonial county in the West Midlands (region), West Midlands of England. It borders Cheshire to the north-west, Derbyshire and Leicestershire to the east, Warwickshire to the south-east, the West Midlands (county), West Midlands county and Worcestershire to the south, and Shropshire to the west. The largest settlement is the city of Stoke-on-Trent. The county has an area of and a population of 1,131,052. Stoke-on-Trent is located in the north and is immediately adjacent to the town of Newcastle-under-Lyme. Stafford is in the centre of the county, Burton upon Trent in the east, and the city of Lichfield and Tamworth, Staffordshire, Tamworth in the south-east. For local government purposes Staffordshire comprises a non-metropolitan county, with nine districts, and the Unitary authorities of England, unitary authority area of Stoke-on-Trent. The county Historic counties of England, historical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wolverhampton Grammar School
Wolverhampton Grammar School is a co-educational private school in Wolverhampton, England. History Initially a grammar school for boys, WGS was founded in 1512 by Sir Stephen Jenyns, a master of the ancient guild of Merchant Taylors, who was also Lord Mayor of London in the year of Henry VIII's coronation. Jenyns was born in the town of Wolverhampton circa 1448. In 1875, the school moved to its present site on the Compton Road from its previous site on John Street in the centre of Wolverhampton. In the late 1970s, the local authority required the school either to become a 6th form centre or a private, fee paying school. The governors decided to go private and the school admitted the first fee paying students in 1978. A bursary appeal was also launched to provide subsidised places. In September 1984, after 472 years as an all-boys school, the school admitted girls to the sixth form and in other embraces of modernity was the largest single user of assisted places funds, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
