Carney lays down early marker at Bank of England

New Bank of England governor Mark Carney comes with a serious reputation, but faces a number of challenges if he is to stamp his authority on the job, writes Ben Griffiths in London.

6th July, 2013
Mark Carney, governor, Bank of England. Photo: Bloomberg

New Bank of England governor Mark Carney has rapidly demonstrated that his tenure at the central bank will be very different to that of Mervyn King.

Unlike his predecessor, who always travelled by car, on his first day at work last Monday, former Goldman Sachs banker Carney took the London Underground to work, despite easily being able to afford a personal driver on his £874,000 taxpayer-funded salary.

And last Thursday, Carney put down another early...

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