Carney to be grilled on Bank of England exit timing

MPs plan to ask how he has again managed to circumvent UK law designed to fix the length of a governor’s term

Bank of England governor Mark Carney
Mark Carney: staying at the Bank of England until 2019

Bank of England governor Mark Carney is to face questions from MPs on his renegotiated term in office when he next appears before the Treasury Committee in two weeks' time.

Carney revealed he had agreed to stay as governor until 2019, in an exchange of letters published on October 31. He had originally taken the role on condition of a five-year term, but said the additional year at the BoE would ensure continuity during the UK's Brexit negotiations.

Under UK law, as amended in 2012, BoE

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: