BOE's Carney Says He's Discussed Term With Chancellor

The transcript discusses the potential extension of Mark Carney's tenure as the Governor of the Bank of England amidst Brexit uncertainties. The UK government is interested in retaining him beyond 2019, and Carney expresses his willingness to extend his term to ensure a smooth Brexit transition. Discussions with the Chancellor are ongoing, and Carney emphasizes the importance of continuity during this critical period. The process of finding a successor is also highlighted, with the government responsible for running the selection process.

What is the main reason for the uncertainty surrounding Mark Carney's tenure as Governor of the Bank of England?

• A lack of qualified successors

• Media speculation and government interest in extending his term

• His health issues

• His desire to retire early

What is Mark Carney's stance on extending his tenure to support Brexit?

• He is undecided about his future

• He is unwilling to extend his tenure

• He is willing to extend his tenure to support a smooth Brexit

• He has already decided to leave immediately

What does Mark Carney emphasize as crucial during the Brexit transition?

• A quick transition

• An effective and orderly transition

• A transition led by business leaders

• A transition without government involvement

Why is succession planning for the Governor's position considered important?

• To quickly replace Mark Carney

• To reduce the workload of the Chancellor

• To ensure a smooth transition regardless of Brexit

• To avoid media speculation

What is a key factor in selecting a successor for the Governor's position?

• The candidate's age

• The candidate's political affiliations

• A clear understanding of the form of Brexit

• The candidate's previous experience in banking