Carney to step down as BoE governor in 2019

The date means he will extend his leadership by one year, as he initially said he would carry out the role until 2018 when he took on the job in 2013. However, it is three years shorter than a full eight-year term that is traditional for previous governors. It is reported he is keen to see the UK through its departure from the European Union; in his letter to Chancellor Philip Hammond, Carney (pictured) said he was "honoured" to serve longer than he had originally intended and hoped his decision would "help contribute to securing an orderly transition to the UK's new relationship with...