Is this your central banker of the year?

Ignis' chief economist Stuart Thomson has hailed Mervyn King as the "central banker of the year" for supporting the UK economy and protecting its safe haven status over the past 12 months.

Thomson described King, governor of the Bank of England, as "an absolute genius" for not raising rates at the beginning of last year when inflation was running high, a move widely expected at the time, and for launching further QE when the economy had weakened. Discussing the Absolute Return Government Bond fund he runs with head of rates Russ Oxley, Thomson said: "We did well out of policymaker decisions last year and correctly called there would be QE in the UK. "Everyone was talking about a base rate rise and we said there would not be as real incomes were declining, the consumer w...