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Wildcard for Bank of England Race Is Whether Government Survives

16 May 2019 12:36 | Divjot S. Mehton (Administrator)

The race to lead the Bank of England could turn on who heads the government by the time the decision is made in October.

Much has been made of Chancellor the Exchequer Philip Hammond’s comments that he seeking a governor with international stature, prompting a flurry of speculation around former Reserve Bank of India chief Raghuram Rajan. Still, the precarious state of British politics means that the U.K could have a new prime minister any day now.

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