Mervyn King criticised David Cameron and George Osborne for their lack of experience in private conversations with the US Ambassador, new documents have revealed.
The latest round of US Embassy Cables released by Wikileaks shows the governor of the Bank of England also thought they lacked depth in their inner circle and had a tendency to think about issues only in terms of their electoral impact, the Guardian reports. The conversations took place before the elections and also saw King predict the economic recovery would be "a long drawn-out process" due to the lack of economic restructuring. Read more here ECB urged to make mass bond purchases Felipe Gonzalez, the former prime minister of Spain, has urged the European Central Bank (ECB) to...
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