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	<title>NewsBiscuit &#187; Mervyn King</title>
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		<title>Mervyn King announces ‘qualitative easing’ for wedding anniversary gifts</title>
		<link>http://www.newsbiscuit.com/2011/10/12/mervyn-king-announces-qualitative-easing-for-wedding-anniversary-gifts/</link>
		<comments>http://www.newsbiscuit.com/2011/10/12/mervyn-king-announces-qualitative-easing-for-wedding-anniversary-gifts/#comments</comments>
		<pubDate>Wed, 12 Oct 2011 10:00:18 +0000</pubDate>
		<dc:creator>waylandsmithy</dc:creator>
				<category><![CDATA[News In Brief]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[comedy]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[gifts]]></category>
		<category><![CDATA[Mervyn King]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[quantative easing]]></category>
		<category><![CDATA[satire]]></category>
		<category><![CDATA[spoof]]></category>
		<category><![CDATA[wedding anniversary]]></category>

		<guid isPermaLink="false">http://www.newsbiscuit.com/?p=40032</guid>
		<description><![CDATA[Several gifts have been rescheduled, to reflect changes in value since the list was first drafted. 50th Wedding anniversaries are now celebrated with a two-foot length of copper pipe, but the new 60th 'Full Tank of Diesel' anniversary has been criticised as 'extravagant' by some economists.]]></description>
			<content:encoded><![CDATA[<p>The Bank of England has downgraded the official list of wedding anniversary gifts, in a move described as &#8216;qualitative easing&#8217;.</p>
<p>Paper, cotton and leather make way for dust, scabs and soup, while fourth wedding anniversaries are now sponsored by Chapstick. Smut, phlegm, cheese and Johnson&#8217;s Ear Buds mark the next four milestones.</p>
<p>Several gifts have been rescheduled, to reflect changes in value since the list was first drafted. 50th Wedding anniversaries are now celebrated with a two-foot length of copper pipe, but the new 60th &#8216;Full Tank of Diesel&#8217; anniversary has been criticised as &#8216;extravagant&#8217; by some economists.</p>
<p>Mervyn King is confident that the move will stabilise the trade in Guilts.</p>
<p>Waylandsmithy, Oxbridge, Simonjmr, Vertically Challenged Giant, Fraserwords</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<title>Bonfire Night at the Treasury &#8216;could go on for months&#8217;</title>
		<link>http://www.newsbiscuit.com/2009/11/05/bonfire-night-at-the-treasury-could-go-on-for-months/</link>
		<comments>http://www.newsbiscuit.com/2009/11/05/bonfire-night-at-the-treasury-could-go-on-for-months/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 15:40:17 +0000</pubDate>
		<dc:creator>red</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Alistair Darling]]></category>
		<category><![CDATA[bonfire night]]></category>
		<category><![CDATA[Mervyn King]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[£25 billion]]></category>

		<guid isPermaLink="false">http://www.newsbiscuit.com/?p=19112</guid>
		<description><![CDATA[<a href="http://www.newsbiscuit.com/?attachment_id=19111" rel="attachment wp-att-19111"><img src="http://www.newsbiscuit.com/wp-content/uploads/2009/11/burningcash180.jpg" alt="Bonfire Night at the Treasury" title="Bonfire Night at the Treasury" width="180" height="130" class="alignleft size-full wp-image-19111" /></a>The bonfire set up at the UK treasury to celebrate Guy Fawkes night could burn for weeks if not months, insiders have revealed. The party, held in the basement, is a traditionally festive occasion with lots of Punch and Judy going on and massive fireworks when Gordon Brown gets told he can't have another sparkler.

'It's wonderful isn't it,' said Chancellor Alistair Darling, basking in the warm glow of the fire, 'we've been scooping up lots and lots of cash in preparation and were supposed to burn it all in one go. Then Mervyn turns up with another £25 billion in hundreds of wheelbarrows and now it'll probably keep going till Christmas.'
]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.newsbiscuit.com/2009/11/05/bonfire-night-at-the-treasury-could-go-on-for-months/burningcash/" rel="attachment wp-att-19110"><img src="http://www.newsbiscuit.com/wp-content/uploads/2009/11/burningcash.jpg" alt="masses of cash to get through" title="masses of cash to get through" width="400" height="289" class="alignleft size-full wp-image-19110" /></a>The bonfire set up at the UK treasury to celebrate Guy Fawkes night could burn for weeks if not months, insiders have revealed. The party, held in the basement, is a traditionally festive occasion with lots of Punch and Judy going on and massive fireworks when Gordon Brown gets told he can&#8217;t have another sparkler.</p>
<p>&#8216;It&#8217;s wonderful isn&#8217;t it,&#8217; said Chancellor Alistair Darling, basking in the warm glow of the fire, &#8216;we&#8217;ve been scooping up lots and lots of cash in preparation and were supposed to burn it all in one go. Then Mervyn turns up with another £25 billion in hundreds of wheelbarrows and now it&#8217;ll probably keep going till Christmas.&#8217;</p>
<p>But keeping the cheery atmosphere going is likely be hard unless the right measures are taken in the medium to long term, the Chancellor warned. &#8216;We&#8217;ve run out of toffee apples already &#8211; Mervyn, don&#8217;t suppose you&#8217;ve got any cash?&#8217;</p>
]]></content:encoded>
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		<title>Bank of England sells unwanted gold reserves after seeing daytime TV ad</title>
		<link>http://www.newsbiscuit.com/2009/10/25/bank-of-england-sells-unwanted-gold-reserves-after-seeing-daytime-tv-ad/</link>
		<comments>http://www.newsbiscuit.com/2009/10/25/bank-of-england-sells-unwanted-gold-reserves-after-seeing-daytime-tv-ad/#comments</comments>
		<pubDate>Sun, 25 Oct 2009 11:00:39 +0000</pubDate>
		<dc:creator>Ludicity</dc:creator>
				<category><![CDATA[News In Brief]]></category>
		<category><![CDATA[Alastair Darling]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Gold reserves]]></category>
		<category><![CDATA[Mervyn King]]></category>
		<category><![CDATA[Queen]]></category>
		<category><![CDATA[Recession]]></category>

		<guid isPermaLink="false">http://www.newsbiscuit.com/?p=18739</guid>
		<description><![CDATA[The Bank of England is making another bid to boost the UK's economic recovery, this time by sending off the nation's remaining gold reserves to one of those companies who advertise on daytime TV. The move could raise as much as £400 to help refinance the economy.]]></description>
			<content:encoded><![CDATA[<p>The Bank of England has confirmed that they will be popping the entire nation&#8217;s gold reserve into envelopes and sending it off to Cash4Gold in return for ready money, after the Governor, Mervyn King, saw an advertisement on daytime television. </p>
<p>Bank of England staff are working around the clock to get all the gold reserves into reasonably-sized jiffy bags. &#8216;The job is a lot easier because Gordon managed to flog most of it off cheap when he was still here,&#8217; said one Bank of England worker. &#8216;To be honest it will be a relief to get it out from under our feet.&#8217;</p>
<p>Alastair Darling, the Chancellor of the Exchequer, has welcomed the Bank’s decision. &#8216;Turning gold bullion into cash is a splendid idea and could help us refinance the British economy. I am already in negotiations with the Queen who may have some unwanted orbs and sceptres which she isn&#8217;t planning on leaving to her children, so we might as well make a bob or two out of them. Lovely jubbly.&#8217;</p>
]]></content:encoded>
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		<title>Mervyn King to accompany PM everywhere and contradict him in real-time</title>
		<link>http://www.newsbiscuit.com/2009/07/02/mervyn-king-to-accompany-pm-everywhere-and-contradict-him-in-real-time/</link>
		<comments>http://www.newsbiscuit.com/2009/07/02/mervyn-king-to-accompany-pm-everywhere-and-contradict-him-in-real-time/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 04:00:29 +0000</pubDate>
		<dc:creator>red</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[CBI]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[Mervyn King]]></category>
		<category><![CDATA[OECD]]></category>
		<category><![CDATA[Richard Lambert]]></category>
		<category><![CDATA[world bank]]></category>

		<guid isPermaLink="false">http://www.newsbiscuit.com/?p=15089</guid>
		<description><![CDATA[<a href="http://www.newsbiscuit.com/2009/07/02/mervyn-king-to-accompany-pm-everywhere-and-contradict-him-in-real-time/900-brown-king/" rel="attachment wp-att-15096"><img src="http://www.newsbiscuit.com/wp-content/uploads/2009/07/900-brown-king.jpg" alt="PM bound to need help from time to time" title="PM bound to need help from time to time" width="375" height="265" class="alignleft size-full wp-image-15096" /></a>With strong support from the CBI, the OECD, IMF, World Bank and heads of the G20 nations, Mervyn King will shortly be appearing next to Gordon Brown everywhere he goes and pointing out on the spot when the Prime Minister says something that might be just 'a teensy bit wrong'. Armed with his own assessments from the Bank of England and detailed analyses and forecasts from the other agencies, Mr King will be able to swiftly put the record straight when the PM says something daft like 'we can just print all the money we want'. ]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.newsbiscuit.com/2009/07/02/mervyn-king-to-accompany-pm-everywhere-and-contradict-him-in-real-time/900-brown-king/" rel="attachment wp-att-15096"><img src="http://www.newsbiscuit.com/wp-content/uploads/2009/07/900-brown-king.jpg" alt="PM bound to need help from time to time" title="PM bound to need help from time to time" width="375" height="265" class="alignleft size-full wp-image-15096" /></a>With strong support from the CBI, the OECD, IMF, World Bank and heads of the G20 nations, Mervyn King will shortly be appearing next to Gordon Brown everywhere he goes and pointing out on the spot when the Prime Minister says something that might be just &#8216;a teensy bit wrong&#8217;. Armed with his own assessments from the Bank of England and detailed analyses and forecasts from the other agencies, Mr King will be able to swiftly put the record straight when the PM says something daft like &#8216;we can just print all the money we want&#8217;. </p>
<p>&#8216;It&#8217;s not good enough to have to wait a day or two for a response from a trusted and reliable source,&#8217; said CBI Director General Richard Lambert, &#8216;but now Mr King&#8217;s put himself right there in the frame, things should go a lot more smoothly. When Gordon tells us we&#8217;re actually doing really well, Mervyn will be there with a bundle of notes from the OECD and IMF and will be able to confidently put his hand up to his mouth and cough the word &#8216;Bullshit&#8217;.&#8217; </p>
<p><a href="http://www.newsbiscuit.com/2009/07/02/mervyn-king-to-accompany-pm-everywhere-and-contradict-him-in-real-time/900-darling-sad/" rel="attachment wp-att-15103"><img src="http://www.newsbiscuit.com/wp-content/uploads/2009/07/900-darling-sad.jpg" alt="the right man for the job" title="the right man for the job" width="170" height="155" class="alignleft size-full wp-image-15103" /></a>&#8216;Alistair Darling could also receive help from time to time as he&#8217;s struggling a bit, isn&#8217;t he,&#8217; added Mr Lambert. &#8216;His growth forecasts seem a tiny bit out, and he&#8217;s having so much trouble adding up the numbers that the spending review won&#8217;t be finished until after the next election, poor thing. At least he can take some comfort that Gordon still thinks he&#8217;s the right man for the job,&#8217; he said, at which point Mervyn King walked past in the background and shouted &#8216;Bollocks!&#8217;. </p>
<p>The scheme will soon be extended to other government departments, to ensure clearer communication and to avoid misleading the public. And for those with hearing disabilities, experts in social policy will also be expected to mime behind the relevant minister. In future when a member of the government says their policy is a success, we can expect to see an independent expert behind him, miming putting a gun to his head and pulling the trigger, pretending to slash his wrists or acting out putting a noose around his head as he sticks his tongue out and rolls his eyes.</p>
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