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Mark Carney's third anniversary - comment from ThinCats PDF Print E-mail
Monday, 04 July 2016
Commenting on Mark Carney’s third anniversary as the Governor of the Bank of England,   Kevin Caley, Founder and Chairman of ThinCats, said: “At a time of unprecedented political uncertainty, Mark Carney seems to be a safe pair of hands. In his three years in office, he has been a largely calming presence, steering the Bank of England through turbulent times. Now, he undoubtedly faces his greatest ever challenge, in calming the storm caused by last week’s referendum result.

“By hinting that he may drop interest rates next month to a new record low, he is heralding more bad news for savers, who have suffered falling rates since 2008. But he also spoke of ‘seizing new opportunities’, and given his championing of the fintech sector, we can only hope that he displays such forward-thinking in the coming months, as the UK finds its feet after the Brexit hangover.”
 

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