COMMONS

Nicky Morgan comments on Mark Carney’s term as Governor of the Bank of England

05 September 2018

Following the Treasury Committee’s evidence session with the Bank of England today, in which Mark Carney’s term as Governor was discussed, Rt Hon. Nicky Morgan MP, Chair of the Treasury Committee, said:

"In his evidence session with the Treasury Committee today, Mark Carney indicated that he is willing to stay as Governor of the Bank of England beyond June 2019 if it would assist the Government.

Stability is vital during this important period. The sooner the Government provides clarity, the better. Any extension to Dr Carney’s term should not be used to delay succession planning."

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