London launches search for new Bank of England boss

A view of the Bank of England building in central London on February 7, 2019. Britain's economy is"not yet prepared" for a disorderly no-deal departure from the European Union next month, Bank of England governor Mark Carney warned.LONDON - The British government on Wednesday launched its search for the next governor of the Bank of England, with Mark Carney due to step down early next year.

Finance minister Philip Hammond praised Carney as a"steady hand" who steered the economy through"a challenging period" following Britain's 2016 Brexit vote. Canadian national Carney took up the post on July 1, 2013 and will leave on January 31 next year, having extended his tenure twice due to Brexit uncertainty.“In today's rapidly evolving economy the role of governor is more important than ever," said Hammond, whose official title is chancellor of the exchequer.

"Finding a candidate with the right skills and experience to lead the Bank of England is vital for ensuring the continuing strength of our economy and for maintaining the UK's position as a leading global financial centre." The Treasury said it will employ a specialist head hunter to find Carney's successor, with interviews expected over the summer ahead of an autumn appointment.

Can I apply

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: S. Africa Reserve Bank Says Too Early to Claim Inflation WinSouth Africa’s central bank says it’s premature to claim victory in the war against inflation and sees price growth stabilizing at 4.5 percent only by the end of 2021.
Source: dailymaverick - 🏆 3. / 84 Read more »

OUR BURNING PLANET: Standard Bank withdraws funding of new coal IPP projects in SAIn a setback for coal-fired power generation and a victory for the renewable energy lobby, Standard Bank will not provide funding for two new independent coal-fired power stations. This follows similar announcements by Nedbank and FirstRand and is in line with new protocols announced by the Organisation for Economic Co-Operation and Development.
Source: dailymaverick - 🏆 3. / 84 Read more »

If load-shedding persists, SA will see almost no growth, Reserve Bank warnsThe depth and damage wrought by state capture has proven to be worse than thought, says the Bank, with power supply being the tipping point
Source: BDliveSA - 🏆 12. / 63 Read more »

Blackouts could slash 125k jobs, cut growth to zero: Reserve BankSA's power cuts could bring economic growth for the year close to zero if they continue at the same severity seen in March, the Reserve Bank said. Breaking the economy with power cuts proudly brought to you by the anc. Remember that when you decide who to vote for 8 May
Source: SowetanLIVE - 🏆 13. / 63 Read more »

SA blackouts may cut growth close to zero, Reserve Bank saysSouth Africa’s power cuts could bring economic growth for the year close to zero if they continue at the same severity seen in March, the central bank said. Fin24 Great, thanks Eskom 👍🏽
Source: News24 - 🏆 4. / 80 Read more »

Blackouts could slash 125k jobs, cut growth to zero: Reserve BankSA's power cuts could bring economic growth for the year close to zero if they continue at the same severity seen in March, the Reserve Bank said.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Blackouts could cut growth, Reserve Bank warnsContinued load-shedding could bring economic growth in the country to a virtual halt. *could* is ice cream buddy... Not could it will plus it will cut jobs
Source: eNCA - 🏆 49. / 51 Read more »

RON DERBY: If only SOEs had the walls of the BankThe protected status of the Reserve Bank has served SA and the rand well, unlike state-owned entities mired in corruption
Source: BDliveSA - 🏆 12. / 63 Read more »

Blackouts could cut growth, Reserve Bank warnsContinued load-shedding could bring economic growth in the country to a virtual halt.
Source: eNCA - 🏆 49. / 51 Read more »

How loyal are you to your bank, if at all?The SA Customer Satisfaction Index for banking products shows one in four people is ready to jump ship Banking costs are a bigger rip off than a cheap circumcision.When computers were initially introduced they were meant to do the jobs of 10 salary earners,but costs were then invented.I doubt when AI is introd,bank charges vanish,because managers will then have to earn bonuses FTB I'm not loyal, am just a milking cow to the system of broad daylight robbery
Source: BDliveSA - 🏆 12. / 63 Read more »

Retail focus for banking’s phoenix | Business | M&G
Source: mailandguardian - 🏆 2. / 92 Read more »