Britain starts search for ‘highest calibre’ Bank of England governor to replace Mark Carney GlobeBusiness
Hammond thanked Carney for helping to lead the UK economy through “a challenging period and we are now seeing stable, low inflation and the fastest wage growth in over a decade.”
“We know from the experience of the previous crisis that it is through cooperation between central banks that we ensure stability ... therefore it’s very important that as well as having someone who can do a first-class job at home, we have someone who commands respect in the international arena,” Hammond said on Wednesday.
Potential candidates include former BoE deputy governor Andrew Bailey who is now chief executive of the Financial Conduct Authority, a markets regulator, and current top officials at the BoE including deputy governor Ben Broadbent and chief economist Andy Haldane.
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