Key Points from the Chancellor’s Mansion House Speech
The Chancellor of the Exchequer, George Osborne last night announced a series of measures in his annual Mansion House speech. Mr Osborne went on to announce that the outgoing governor of the Bank of England, Mervyn King would be raised to the peerage as the Lord King. Osborne paid tribute to Sir Mervyn by saying that he had: “helped to lead our country through an extraordinary period of its economic history.”


