FCA's Bailey confirmed as Carney successor at BoE - update

New Bank of England governor

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Andrew Bailey is set to be the 121st Bank of England governor
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Andrew Bailey is set to be the 121st Bank of England governor

Financial Conduct Authority (FCA) chief Andrew Bailey has been confirmed as the next Governor of the Bank of England (BoE).

Bailey has been selected as Mark Carney's replacement, the Government has confirmed, with Her Majesty the Queen approving the appointment. Bailey will become the new Governor of the Bank of England...

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