John Mann – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by John Mann on 2016-10-07.

To ask Mr Chancellor of the Exchequer, whether he has re-offered an extension of contract to the Governor of the Bank of England.

Simon Kirby

The Financial Services Act 2012 states that the appointment to Governor of the Bank of England is for a period of eight years and that a Governor may not be appointed more than once. The current Governor of the Bank of England was appointed on 1 July 2013 for a term of eight years, but indicated at the time that he would serve until 30 June 2018.