Whoever wins this election will end up a loser in the long-term, according to Bank of England governor Mervyn King.
Brown, Cameron and Clegg all want to be Prime Minister – but Mervyn King, governor of the Bank of England, reckons they should be careful what they wish for.
According to a US economist, King believes that whoever wins the election will inherit such a poisoned chalice that their party will be knocked out at the next election and face an entire generation in the political wildnerness.
As governor of the Bank of England, King has maintained a public position of complete neutrality and offered no comment on the policies of any of the political parties in the election campaign. But he appears to have made certain comments during a private lunch meeting that have now b...