BT Group Plc (BT/A) named Gavin Patterson chief executive officer, taking over from Ian Livingston who leaves the post in September to become minister of state for trade and investment.
Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.
Wednesday 16.30 BST: Tense, rangebound trading was the order of the day for financial markets as investors nervously awaited the outcome of a two-day meeting of the US Federal Reserve's Open Market Committee.
Union chiefs today said 96 per cent of delivery, sorting staff and Posties "opposed the privatisation of Royal Mail" in the first poll of workers on the Government's plans.
Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.