About: Mark Carney

Bank of England governor to stay on to ‘smooth’ Brexit

Bank of England governor Mark Carney is set to extend his term at the helm to ensure a 'smooth' Brexit, as pressure mounts on Theresa May’s administration to ramp up preparations for leaving the EU.

Business leaders back G20 task force recommendations on climate-risk disclosure

Over 100 business leaders worldwide have backed the final recommendations of a global task force set up by the G20 to disclose how companies manage climate-related risk, in a move that could divert trillions of investments away from polluting fossil fuels.

Bank of England chief tries to avoid Brexit bank bedlam

Bank of England Governor Mark Carney called today (7 April) for Britain and the EU to reach a sweeping deal to recognise each other’s bank rules after Brexit or risk a potentially damaging hit to financial services across Europe.

Russian central bank governor voted best in Europe for 2017

British monthly magazine The Banker has voted the governor of Russia’s main financial institution as Central Banker of 2017, after the Russian economist halved inflation in 2016. EURACTIV’s partner Milano Finanza reports.

Business as usual for Draghi and the ECB

The European Central Bank (ECB) is to stick with its policy of record-low interest rates and bond purchasing scheme, as head of the bank Mario Draghi continues to try and reach the bank's inflation targets. EURACTIV Germany reports.

Bank of England issues new Brexit warning

Uncertainty surrounding Britain's looming referendum on European Union membership could send the pound slumping further and boost financing costs, the Bank of England warned Tuesday (29 March).

Sterling subdued by Brexit uncertainty and UK rate outlook

Sterling traded below a recent one-month high against the dollar on Monday (8 February), as uncertainty about Britain's place in the European Union and diminishing rate hike prospects kept investors cautious.

Climate change: The solutions are right in front of us

Whether COP21 will be a success or not remains to be seen. What is certain is that climate change is still an urgent problem. Energy efficiency, renewables and sustainable mobility provide the solutions, writes Rolf Wüstenhagen.

Mandelson: Brexit renegotations would take ‘up to 10 years’

Former EU Trade Commissioner Peter Mandelson has warned eurosceptics that a British renegotiation of its relationship with Europe after a ‘Brexit’ would take up to a decade.

Climate finance – ace up the sleeve for developing countries at COP 21?

Climate finance and divestment appear to be increasingly vital to a universal agreement to decarbonise the global economy. But bursting the ‘carbon bubble’ could crash the global economy. Our partner La Tribune reports.

Bank of England’s Carney to spell out Brexit risks

Bank of England Governor Mark Carney will spell out how Britain's membership of the European Union affects the central bank's ability to manage the economy and protect the country's banking sector in a speech on Wednesday (21 October).

Bank of England head warns of ‘catastrophic’ climate change

Climate change threatens global financial crises, and long-term declines in wealth, unless world leaders urgently seal a deal to limit it, the head of the Bank of England said on Tuesday (30 September).

Bank of England Governor : More fiscal union, less austerity

Mark Carney, the Governor the Bank of England, has urged the eurozone to move towards fiscal union and end its hardline austerity policies in a bid to promote growth.

UK must puncture property bubble, Commission warns

The United Kingdom must curb rapidly rising property prices, particularly in London, and raise taxes rather than just slash spending, to increase its resilience to financial shocks, the European Commission warned yesterday (2 June).