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A huge question for UK investors—who succeeds Mark Carney?

A new face at the Old Lady

By Andy Davis   November 2019

Photo: Yui Mok/PA Wire/PA Images

If Brexit is one huge question facing UK investors, another biggie is who will succeed Mark Carney as Governor of the Bank of England. Carney is due to leave his post in late January (if the Brexit impasse drags on, he may linger awhile). 

The choice of successor matters. For the past decade, central bankers have provided the “backstop” against a slide into a 1930s-style Depression—albeit controversially, given the side-effects of ultra-low interest rates and quantitative easing. They have…

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