Edward George, Baron George


Edward George, Baron George

Infobox Economist
name = Edward George, Baron George



birth = 16 September, 1938
nationality = British
field = Former Governor of the Bank of England

Edward Alan John George, Baron George, GBE, PC, DL (born 16 September 1938, Surrey), known as Eddie George, or "Steady Eddie", was Governor of the Bank of England from 1993 to 2003.

Early life

He grew up in Carshalton, the son of a Post Office clerk. After attending Dulwich College and learning Russian at the Joint Services School for Linguists during his National Service, George joined the Bank after graduating from Emmanuel College, Cambridge in 1962. Apart from secondments to Moscow State University, the Bank for International Settlements and the International Monetary Fund, he remained there throughout his career.

Financial career

George was appointed Governor of the Bank of England in 1993, and retired on the completion of his second five-year term of office on June 30, 2003. During his governorship the Bank was given independence in setting UK interest rates by Gordon Brown, the incoming Chancellor of the Exchequer after the 1997 general election.

He was succeeded as Governor of the Bank of England in July 2003 by Mervyn King. He was given a life peerage in June 2004 as Baron George, of St Tudy in the County of Cornwall. He was appointed a Deputy Lieutenant of Cornwall in March 2006.

Personal life

He married Vanessa Williams in Surrey in 1962. They had been "sweethearts" since the age of 14. He has two daughter: one - Liz George, a journalist. Edward, his only son, is a supporter of Manchester City.

Honours

Lord George was conferred with a D Sc "honoris causa" by the University of Buckingham on March 4 2000

References

* [http://www.publications.parliament.uk/pa/ld200304/minutes/040914/ldminute.htm Announcement of his introduction at the House of Lords] House of Lords minutes of proceedings, 14 September 2004


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