Downing Street Says » Governor of the Bank of England

» Tuesday, January 29, 2008

Governor of the Bank of England

Asked if the Chancellor was expected to make an announcement about the Governor of the Bank of England in the near future, the PMS said that when we were in a position to make an announcement regarding that, an announcement would be made.

Asked if it would be a Treasury announcement or a Prime Ministerial announcement, the PMS replied that in the past these appointments had been made by No 10.

Asked if the Prime Minister agreed with the analysis that not knowing who the next Governor of the Bank of England was added to the uncertainty of the financial market, the PMS said that the current Governor’s term of appointment was to end in June and we were still 4 or 5 months away from that appointment ending. Eddie George had been reappointed in February and that had been seen as quite early at the time.

Asked if the Deputy Governor of the Bank of England would be announced at the same time as the Governor, the PMS replied that as and when we had an announcement to make on those appointments, we would make them.

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