Blog
UK Economy - A New Man at the Old Lady
26th November 2012
Change is under way at the Bank of England. Chancellor George Osborne today announced that Mark Carney, a Canadian central banker, will be the new Governor of the Bank when he takes up his post in the early summer of 2013. Many have welcomed a decision to appoint a new Governor from outside the Bank's existing heavy-weights. Perhaps this represents a moment when the BoE will bring fresh thinking and dynamism into policy-making after several years when the institution looked in real danger of atrophy.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.