Paul Tucker

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Paul Tucker Favourite to be Next Governor of Bank of England

Bank Of England Logo

The race to become next governor of the Bank of England will enter the final straight on Monday morning as applications close in the search for a successor to Mervyn King. The inside candidate, Paul Tucker, is viewed as the favourite despite his stumble during investigations into the Libor scandal.

Paul Tucker Is Innocent – All Too Innocent

'This doesn't look good, Mr Tucker," said committee chairman Andrew Tyrie half way through proceedings. Indeed it didn't. The deputy governor of the Bank of England had just confessed that it came as news to him only a few weeks ago that the Libor market was a "cesspit" of dishonesty.

Labour 'Did Not Pressure Banks Over Libor Rates'

Gordon Brown

Attempts by George Osborne to pin the blame for the Libor fixing scandal on former Labour ministers seem to be undermined after deputy Bank of England governor Paul Tucker told MPs that he had not been leaned on to encourage Barclays to cut its rates.

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