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Governor Carney is no monkey

Last night, the BOE Governor announced that the bank's Funding for Lending Scheme (FLS) -- launched in July 2012 to aid home and business borrowing - would be re-directed away from housing and into business (particularly small firms) financing.

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Read more: Canada Governor Mark CarneyUK ChancellorBOE Governor Sir Mervyn KingFLSJuly 2012Ben BernankeECB Governor Mario DraghiExchequer George OsborneFundingLending SchemeBOE Governor Mark CarneyCanadian CarneyDec. 31Economicsex-BankFedJan. 1ReutersUK house buildersUS