A new day, a new Brexit consequence. Several papers lead with the possible stepping down of Mark Carney, Governor of the Bank of England, who is reported to be considering quitting in 2018, five years into an eight year term. The Guardian discusses the criticism that Carney has faced due to his opposition to ‘leave’ during the Referendum campaign. Eurosceptic MPs Jacob Rees-Mogg and Lord Lawson, as well as arch-leaver Daniel Hannon MEP (who this morning scornfully described Carney as ‘a rockstar’), have been vocal in their denunciations of the governor. The week before last Michael Gove even went so far as to write an article comparing Carney to the Chinese emperor Ming. The speculation comes after Theresa May criticised quantitative easing during her conference speech, saying that ‘people with assets have got richer, people without them have suffered.’ However an article in the Financial Times claims that Carney has told confidantes that he is willing to serve the full term of his contract.
Violet Hudson
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in