According to a Financial Times report, in case of another Brexit delay, BoE Governor Mark Carney might be asked to extend his term once again, beyond the planned departure date of January 31. Ensuring smooth Brexit transition, in whatever form, is a top priority of the central bank. Additionally, UK might face another elections in the coming months. Any proposed successor for Carney could be easily rejected by the next government.
Carney, who took over the job from Mervyn King on July 1 on 2013, originally planned to serve a five-year term only. He had been asked to extend his term before by former Chancellor of Exchequer Philip Hammond.
