By: Radhakrishna N S
Bank of England Governor Mark Carney will serve for an extra seven months until the end of January 2020 to support Britain’s smooth exist from European Union, according to the statement from Chancellor Philip Hammond on Tuesday (11). Following a request from the chancellor, the governor expressed his desire to serve until January 2020. Carney was scheduled to depart as Governor at the end of June 2019 having extended his tenure by a year already to support Britain during the initial period after Brexit. “I recognise that during this critical period, it is important that everyone does everything they can…
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