LONDON: Mark Carney will remain Bank of England chief until January 2020 to steer the UK economy through possibly "quite a turbulent period" post-Brexit, finance minister Philip Hammond announced Tuesday. Speaking in parliament, Hammond said BoE governor Carney had agreed to prolong his stay by seven months "in order to ensure continuity through what could be quite a turbulent period for our economy in the early summer of 2019". Britain is set to leave the European Union in March. Chancellor of the Exchequer Hammond…
Bank of England
LONDON: The Bank of England will take "all necessary steps" to ensure monetary and financial stability after Britain's decision to leave the European Union, it said Friday.
LONDON: The Bank of England unveiled its first plastic banknote on Thursday, featuring World War Two leader Winston Churchill and giving campaigners in Britain's European Union referendum an opportunity to renew their skirmishes.
OTTAWA: One of the world's most famous central bank chiefs, Bank of England Governor Mark Carney, briefly became the late American actor Art Carney during a Canadian election debate on Friday.