Bank of England (BoE) governor Mark Carney has been asked by the government to stay for another year in a move to settle the City's Brexit concerns, according to a report.
This means Carney (pictured) would remain BoE governor until June 2020, staying for an extra year on top of his original departure date of June 2019. The report, in the London Evening Standard's Diary section, claimed the chief reason would be so Carney could provide continuity following the UK's exit from the European Union, which takes place on 29 March 2019. However, a Treasury spokesperson denied the story. Carney has already extended his term once at the Bank in a move to ensure continuity through the Brexit negotiations. He had originally only intended to remain for five y...
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