Downing Street Says » Governor Of The Bank Of England

» Monday, December 17, 2007

Governor Of The Bank Of England

Asked if we were disappointed that it appeared that the Governor of the Bank of England had been briefing Irwin Stelzer of the Sunday Times, the PMS said that he was not aware that that was what the Bank of England were saying, in fact, the Bank had been pouring cold water on some of those suggestions over the weekend.

Put that Mervyn King and Irwin Stelzer had had lunch last week, the PMS said that that was a matter for the Bank but that the Bank had been denying the suggestions contained in the Sunday Times report yesterday.

Asked where we were in terms of the re-appointment of the Governor of the Bank of England, the PMS replied that, as we had always said, the normal process would run its course.

Asked if the Prime Minister had full confidence in Mervyn King, the PMS replied that of course the Prime Minister had full confidence in the Governor of the Bank of England whom he believed was and is performing a first-rate job.

Asked if the Chancellor also had full confidence in Mervyn King, the PMS replied yes.

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