From the comments of Bank of England governor Mervyn King, it's a racing certainty.
Speaking at a Treasury select hearing this morning, Bank of England governor Mervyn King said inflation over the next year is likely to be "volatile".
Bank of England governor Sir Mervyn King: activity could be broadly flat until next year.
Bank of England governor Mervyn King argued that inflation was volatile and could drop below the government's 2% target.
Bank of England Governor Mervyn King has agreed to reduce asset purchase facility by £40bn, as only a small purchase was ever used.
Bank of England governor Mervyn King has warned of a backlash if banks pay further bonuses to their staff.
Bank of England governor Mervyn King warned last night that reform of the banking system could take "decades".
Bank of England governor Sir Mervyn King has long predicted a sharp fall in inflation.
Bank of England governor Sir Mervyn King said he expected to see 'weak consumer spending' for the rest of the year.
Bank of England governor Mervyn King asked for a two-year pay freeze.