Difference between revisions of "Edward George"
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|spouses=Vanessa Williams | |spouses=Vanessa Williams | ||
|constitutes=Economist | |constitutes=Economist | ||
| − | |birth_date=1938 | + | |image=Lord George BBC.jpg |
| + | |alma_mater=Dulwich College, Joint Services School for Linguists,Emmanuel College (Cambridge) | ||
| + | |birth_date=16 September 1938 | ||
|birth_place=Carshalton | |birth_place=Carshalton | ||
| − | |death_date=2009 | + | |death_date=18 April 2009 |
|death_place=St Tudy, Cornwall | |death_place=St Tudy, Cornwall | ||
| + | |description=Governor of the Bank of England from 1993 to 2003 and sat on the board of NM Rothschild and Sons. | ||
|nationality=British | |nationality=British | ||
|children=Hon., Liz, Hon. Edward | |children=Hon., Liz, Hon. Edward | ||
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| − | == | + | '''Edward Alan John George, Baron George'''<ref name="BBC0409">http://news.bbc.co.uk/1/hi/business/8005965.stm</ref> known as '''Eddie George''', or sometimes as "Steady Eddie", was [[Governor of the Bank of England]] from 1993 to 2003<ref name="BBC0409"/> and sat on the board of [[NM Rothschild and Sons]]. |
| − | [[Governor of The Bank of England]]. | + | |
| + | He had part of his education at the [[Joint Services School for Linguists]], suggesting later ties to the intelligence services. | ||
| + | |||
| + | George attracted controversy in 1998 when he was widely reported to have made a statement to London newspaper executives implying that unemployment in the north of England was a price worth paying to preserve affluence in the south of the country. | ||
| + | |||
| + | ==Early life== | ||
| + | George was born and grew up in [[Carshalton]], the son of Alan, a [[General Post Office|Post Office]] clerk, and his wife Olive. He attended the independent school [[Dulwich College]] on a scholarship. Having learned to speak [[Russian language|Russian]] at Dulwich, he carried out his [[National Service]] at the [[Joint Services School for Linguists]]. He attended and graduated from [[Emmanuel College, Cambridge]]. | ||
| + | |||
| + | ==Financial career== | ||
| + | George joined the Bank of England 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. | ||
| + | |||
| + | After three years as [[Deputy Governor of the Bank of England|Deputy Governor]],<ref>http://www.bankofengland.co.uk/about/pdfs/deputygovernors.pdf </ref> he was appointed [[Governor of the Bank of England]] to succeed [[Robin Leigh-Pemberton, Baron Kingsdown|Robin Leigh-Pemberton]], who retired on the completion of his second five-year term of office on 30 June 1993. During the early part of George's governance, his successful relationship with then-[[Chancellor of the Exchequer]] [[Kenneth Clarke]] gained for them the nickname of 'the Ken and Eddie Show'.<ref>Lord George, obituary, ''[[The Daily Telegraph]]'', https://www.telegraph.co.uk/news/obituaries/finance-obituaries/5183696/Lord-George.html</ref> Upon the [[Labour Party (UK)|Labour Party]] coming to power at the [[1997 United Kingdom general election|1997 general election]], the Bank was given independence in setting UK interest rates by [[Gordon Brown]], the incoming Chancellor of the Exchequer.<ref name="BBC0409"/> George was succeeded as Governor of the Bank of England in July 2003 by [[Mervyn King, Baron King of Lothbury|Mervyn King]]. | ||
| + | |||
| + | George attracted controversy in 1998 when he was widely reported to have made a statement to London newspaper executives implying that unemployment in the north of England was a price worth paying to preserve affluence in the south of the country. He later claimed that his remarks had been misconstrued.<ref>http://news.bbc.co.uk/1/hi/business/197995.stm </ref> | ||
| + | |||
| + | ==Later life== | ||
| + | George was a Governor of his former school, [[Dulwich College]], between 1998 and 2008, and was made Chairman of the Governors between 2003 and 2008.<ref name='dc1'>http://www.dulwich.org.uk/OA_Document_1.aspx?doc=1:26884&id=1:29456&id=1:29454&id=1:29431</ref><ref name='dc2'>http://www.dulwich.org.uk/News_1.aspx?news=8:5922&id=1:29021&month=3&year=2009</ref> | ||
| + | |||
| + | On 18 April 2009, George, a heavy smoker, died of lung cancer.<ref name="BBC0409"/><ref>http://news.scotsman.com/obituaries/Lord--Eddie-George.5187891.jp</ref> | ||
| + | |||
| + | ==Personal life== | ||
| + | George married Vanessa George, Lady George (''[[née]]'' Williams) in Surrey in 1962. They had three children. Lady George died in March 2017.<ref>[http://www.legacy.com/obituaries/thetimes-uk/obituary.aspx?n=vanessa-george&pid=184696833&fhid=34188 Lady Vanessa George]</ref> | ||
| + | |||
| + | ==Honours== | ||
| + | George was appointed [[Knight Grand Cross of the Order of the British Empire]] in the [[2000 Birthday Honours]].<ref name="LG 19 June 2000">https://www.thegazette.co.uk/London/issue/55879/supplement/7</ref> He was made a [[life peer]] in June 2004<ref name="BBC0409"/> as '''Baron George''', of [[St Tudy]] in the [[Cornwall|County of Cornwall]].<ref>https://www.thegazette.co.uk/London/issue/57343/page/8267</ref><ref>https://publications.parliament.uk/pa/ld200304/minutes/040914/ldminute.htm </ref> He was awarded an [[honorary degree|honorary]] [[D.Sc.]] by the [[University of Buckingham]] on 4 March 2000, and appointed a [[Deputy Lieutenant]] of [[Cornwall]] in March 2006. | ||
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{{SMWDocs}} | {{SMWDocs}} | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
| − | |||
Latest revision as of 15:24, 1 July 2023
 Edward George    (Economist) | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 | ||||||||||||||
| Born | 16 September 1938 Carshalton | |||||||||||||
| Died | 18 April 2009 (Age 70) St Tudy, Cornwall | |||||||||||||
| Nationality | British | |||||||||||||
| Alma mater | Dulwich College, Joint Services School for Linguists, Emmanuel College (Cambridge) | |||||||||||||
| Children | • Hon. • Liz • Hon. Edward | |||||||||||||
| Spouse | Vanessa Williams | |||||||||||||
Governor of the Bank of England from 1993 to 2003 and sat on the board of NM Rothschild and Sons.
| ||||||||||||||
Edward Alan John George, Baron George[1] known as Eddie George, or sometimes as "Steady Eddie", was Governor of the Bank of England from 1993 to 2003[1] and sat on the board of NM Rothschild and Sons.
He had part of his education at the Joint Services School for Linguists, suggesting later ties to the intelligence services.
George attracted controversy in 1998 when he was widely reported to have made a statement to London newspaper executives implying that unemployment in the north of England was a price worth paying to preserve affluence in the south of the country.
Early life
George was born and grew up in Carshalton, the son of Alan, a Post Office clerk, and his wife Olive. He attended the independent school Dulwich College on a scholarship. Having learned to speak Russian at Dulwich, he carried out his National Service at the Joint Services School for Linguists. He attended and graduated from Emmanuel College, Cambridge.
Financial career
George joined the Bank of England 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.
After three years as Deputy Governor,[2] he was appointed Governor of the Bank of England to succeed Robin Leigh-Pemberton, who retired on the completion of his second five-year term of office on 30 June 1993. During the early part of George's governance, his successful relationship with then-Chancellor of the Exchequer Kenneth Clarke gained for them the nickname of 'the Ken and Eddie Show'.[3] Upon the Labour Party coming to power at the 1997 general election, the Bank was given independence in setting UK interest rates by Gordon Brown, the incoming Chancellor of the Exchequer.[1] George was succeeded as Governor of the Bank of England in July 2003 by Mervyn King.
George attracted controversy in 1998 when he was widely reported to have made a statement to London newspaper executives implying that unemployment in the north of England was a price worth paying to preserve affluence in the south of the country. He later claimed that his remarks had been misconstrued.[4]
Later life
George was a Governor of his former school, Dulwich College, between 1998 and 2008, and was made Chairman of the Governors between 2003 and 2008.[5][6]
On 18 April 2009, George, a heavy smoker, died of lung cancer.[1][7]
Personal life
George married Vanessa George, Lady George (née Williams) in Surrey in 1962. They had three children. Lady George died in March 2017.[8]
Honours
George was appointed Knight Grand Cross of the Order of the British Empire in the 2000 Birthday Honours.[9] He was made a life peer in June 2004[1] as Baron George, of St Tudy in the County of Cornwall.[10][11] He was awarded an honorary D.Sc. by the University of Buckingham on 4 March 2000, and appointed a Deputy Lieutenant of Cornwall in March 2006.
References
- ↑ a b c d e http://news.bbc.co.uk/1/hi/business/8005965.stm
- ↑ http://www.bankofengland.co.uk/about/pdfs/deputygovernors.pdf
- ↑ Lord George, obituary, The Daily Telegraph, https://www.telegraph.co.uk/news/obituaries/finance-obituaries/5183696/Lord-George.html
- ↑ http://news.bbc.co.uk/1/hi/business/197995.stm
- ↑ http://www.dulwich.org.uk/OA_Document_1.aspx?doc=1:26884&id=1:29456&id=1:29454&id=1:29431
- ↑ http://www.dulwich.org.uk/News_1.aspx?news=8:5922&id=1:29021&month=3&year=2009
- ↑ http://news.scotsman.com/obituaries/Lord--Eddie-George.5187891.jp
- ↑ Lady Vanessa George
- ↑ https://www.thegazette.co.uk/London/issue/55879/supplement/7
- ↑ https://www.thegazette.co.uk/London/issue/57343/page/8267
- ↑ https://publications.parliament.uk/pa/ld200304/minutes/040914/ldminute.htm
