Mark Carney has indicated he is prepared to stay on as Bank of England governor in order to ensure a "smooth Brexit" and an "effective transition" at the UK's central bank.
During a meeting with the Treasury Select Committee on Tuesday, Carney confirmed he has been in discussions with Chancellor Philip Hammond about extending his term although he also noted the decision rested with the government. He added he expected a conclusion to be made "relatively soon" in order to remove any uncertainty. Carney commented: "I fully recognise during this critical period, it is important everyone does everything they can to help with the transition of exiting the European Union. I am willing to do whatever I can in order to promote both a smooth Brexit and an effecti...
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