Next Bank of England chief must be independent and 'first class' - PM Johnson
Reuters
Published Aug 24, 2019 23:00
Next Bank of England chief must be independent and 'first class' - PM Johnson
BIARRITZ, France (Reuters) - The next governor of the Bank of England has to be someone who is independent and "first class in every respect", British Prime Minister Boris Johnson said on Saturday, declining to answer on whether the successful candidate had to be a Brexit supporter.
"The next Bank of England governor will somebody who is absolutely first class in every respect, and who is independent - those are the two most important qualifications," Johnson told reporters on his way to a G7 summit in France.
Current BoE governor Mark Carney is due to stand down at the end of January 2020. His successor will be formally chosen by the finance minister, Sajid Javid.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.