King: public 'right to be angry' with banks

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Outgoing Bank of England governor Sir Mervyn King has said people have "every right to be angry" with banks over the financial crisis.

In one of his final interview's in post, he told BBC Radio4's Desert Island Discs he understood the public frustration as slow growth affected living standards but said there were signs economic recovery is under way. However, he also cautioned against blaming individuals, the BBC reports. "In many ways, when the crisis hit in 2007-08 I was surprised that people weren't angry sooner," King said, speaking to Kirsty Young for the programme. "You can see it coming through now as the impact on standards of living becomes more obvious and they have every right to be angry. "But thi...

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