World Tonight: King grilled

Evening Chronicle (Newcastle, England), July 22, 2008

BANK of England Governor Mervyn King faced a fresh grilling from MPs today in the aftermath of the Northern Rock affair. The Commons Treasury Committee launched a new inquiry after Chancellor Alistair Darling announced measures to increase Government protection offered to depositors in the event of a bank collapse from pounds 35,000 to pounds 50,000.

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COPYRIGHT 2008 Gale, Cengage Learning
 

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