Mark Carney takes over as the governor of the Bank of England - TopicsExpress

Mark Carney takes over as the governor of the Bank of England today, stepping into the shoes left vacant by Sir Mervyn King. Carney won respect during his recent tenure as governor of the Bank of Canada and is credited with sheltering the country from the worst of the financial crisis. He has been recognised by both the Financial Times and Time as one of the most influential people in the financial world. However, he takes the reins of the Bank when the UK is struggling to achieve sustainable growth, a government implementing austerity to bring down a large deficit and a partially functioning banking system. Can the former Goldman Sachs banker live up to his reputation as a “financial rock star”?

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