Mark Carney told MPs on the Treasury select committee that he was willing to do whatever he could to promote a smooth Brexit Kirsty Wigglesworth / WPA Pool /Getty ImagesConcerns 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. Mr 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.”His comments effectively put an end to a week of speculation after the Evening Standard, the London newspaper edited by George Osborne, the former chancellor who appointed Mr Carney, ran an article saying that the Treasury had asked him to stay beyond his planned…
Source: The Times September 04, 2018 23:00 UTC