Bank bosses to be questioned by British MPs

Bank of England Governor Mervyn King is set to face a fresh grilling from MPs today over the rescue of crisis-hit Northern Rock.

Mr King and his deputy, John Gieve, will come under scrutiny from the Treasury select committee at Westminster for the second time over the future of the stricken mortgage lender, which has borrowed an estimated £25bn (€35bn) from the taxpayer so far.