The Bank of England deputy governor, Ben Broadbent, has said the whole country should be grateful that Mark Carney is staying on as governor until 2019. Carney ended speculation about his future earlier this week by agreeing to stay on until Brexit negotiations with the EU have ended in 2019. Broadbent said: “I’m extremely happy that the current governor is staying. That is far too far away for me to think about what I’m going to be doing then ... Broadbent said: “It is apparent that financial markets have taken one view and implicitly so far at least households so far have taken another.

Source: The Guardian November 04, 2016 09:45 UTC