Tucker favoured candidate of Javid and Johnson to be next governor of BoE - ITV reporter

(Reuters) - Former deputy governor Paul Tucker is favoured by UK Chancellor Sajid Javid and Prime Minister Boris Johnson to be the next governor of Bank of England (BOE), ITV reporter Robert Peston said https://twitter.com/Peston/status/1189293798288973824?s=20, citing rumour from sources close to the BoE. A Treasury spokesman said the process for appointing a new governor was on track but declined to comment further. The Bank of England was not immediately available for a comment late on Tuesday

Reuters October 30, 2019 04:05:36 IST
Tucker favoured candidate of Javid and Johnson to be next governor of BoE - ITV reporter

Tucker favoured candidate of Javid and Johnson to be next governor of BoE  ITV reporter

(Reuters) - Former deputy governor Paul Tucker is favoured by UK Chancellor Sajid Javid and Prime Minister Boris Johnson to be the next governor of Bank of England (BOE), ITV reporter Robert Peston said https://twitter.com/Peston/status/1189293798288973824?s=20, citing rumour from sources close to the BoE.

A Treasury spokesman said the process for appointing a new governor was on track but declined to comment further.

The Bank of England was not immediately available for a comment late on Tuesday.

(Reporting by Bhargav Acharya in Bengaluru and William Schomberg in London)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

Cryptocurrency prices tumble and exchange trading falters as snags crop up
News & Analysis

Cryptocurrency prices tumble and exchange trading falters as snags crop up

NEW YORK (Reuters) -The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender. Shares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador, where the government had to temporarily unplug a digital wallet to cope with demand.

Ford poaches Apple's car project chief Doug Field
News & Analysis

Ford poaches Apple's car project chief Doug Field

By Joseph White and Sanjana Shivdas (Reuters) -The head of Apple Inc's car project, Doug Field, is going to work for Ford Motor Co to lead the automaker's advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley.