Concerns have been raised about the Treasury’s “shambolic” handling of the Bank of England appointment process after Mark Carney confirmed yesterday that he would be extending his term as governor.
Carney told MPs on the Treasury select committee that he was “willing to do whatever else I can to promote a smooth Brexit and an effective transition at the Bank of England”.
He added: “The chancellor and I have discussed this and I would expect an announcement in due course.”
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