King in line for BoE top job

King, currently deputy governor responsible for monetary policy, is an "excellent appointment", said Russell Jones, chief international economist at Lehman Brothers in London. "He’s familiar, he represents consistency and he’s the best alternative."

Economists generally view King’s appointment as a signal that UK interest rates are likely to rise over the coming months.

"Given his hawkish reputation, this confirms that rates have troughed in the UK," said Steven Saywell, senior currency

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: