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Uncertain fate of Bank of England governor in Brexit era

Bank of England chief Mark Carney is on a five-year contract that expires in 2018 but has an option to extend the job until 2021, a decision the central bank has said will be made public by the end of this yearMedia speculation was divided Sunday on the fate of the governor of the Bank of England, Mark Carney, with competing claims as to whether he is set to announce his departure amid Brexit tensions. Media reports suggest Carney will not take up the option to stay on, with the Sunday Times newspaper saying he was “disillusioned” with Prime Minister Theresa May’s Conservative government. Carney has been criticised by eurosceptic Conservatives for his warnings of the economic impact of Brexit before the June referendum vote to leave the European Union.

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