Mark Carney has said he will step down as governor of the Bank of England on 30 June 2019 regardless of any delays to the UK's divorce proceedings with the EU.
According to the Financial Times, Carney told a hearing of MPs there are "reasonable limits" to any possible extension to his stay as governor, even if Britain is still in the process of leaving the EU when he steps down. "I am extending in order to provide continuity, to support this crucial process, and it is no more complicated than that," he said. "I do not think [my departure has] added to uncertainty. There are far bigger issues adding to uncertainties in the global and UK economy. I will leave 30 June 2019." Last month, Mark Carney wrote to the Chancellor stating he will ste...
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