
BOE's Carney Says He's Discussed Term With Chancellor
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Business, Social Studies, Life Skills
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University
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Practice Problem
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Hard
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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.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What challenges does Mark Carney mention regarding the succession planning for his position?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is Mark Carney's stance on the government's role in the process of finding his successor?
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