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Who will be the next Bank of England governor?
The successful candidate will be tasked with fixing the economy and controlling the banks.
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The government has officially kicked off its search for a new Bank of England governor.
Sir Mervyn King will officially step down next June, having completed the maximum-allowed 10-year tenure.
For the first time ever, the government has publicly advertised the role in a bid to ensure a "fair and open" competition.
And the job spec certainly makes for interesting reading: the ideal candidate will be expected to "inspire confidence and credibility both within the bank and throughout the financial markets". Something many members of the public might feel is lacking at present.
The role also requires an advanced understanding of financial markets and good economic knowledge. In return for the successful candidate's efforts, the salary is expected to be in the region of £300,000.
Whoever gets the position, they will have a key impact on your finances, given he or she will play a part in influencing both inflation and interest rates.
So let's take a look at the most likely candidates...
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27Comments
14/09/2012 17:29
14/09/2012 18:25
14/09/2012 16:39
MUST PUT COMRADE GORDON BROWN NAME FORWARD WHEN HE WAS FIRST MINISTER ACTING PRIME MINISTER UNDER THE GUIDANCE OF COMRADE POLITICAL COMMISSAR MANDELSON HIS CLAIM WAS THAT
HE WAS SO GOOD THAT HE COULD SORT THE WORLD ECONOMY AND PROBLEMS OUT.
This from the mane who was nominally in charge when he like all Liebour politicians LEFT THIS COUNTRY IN THE BIGGEST FINANCIAL MESS IT HAS EVER EXPERIENCED
and they want to be elected back into power to carry on with the work
14/09/2012 17:45
14/09/2012 18:56
14/09/2012 17:41
Please - Not Lord Turner!
He was in charge of the FSA when the Banks went Bust and responsible for their conduct, regulation etc. Why was he not sacked for not doing his job? Why did he not see what the banks were doing ie PPI miss selling, LIBOR fixing etc?
"he did gain political capital by criticising certain actions of the big banks". - AFTER THE EVENT - when they were found out!!
How can this man even be a candidate? He should be fined and barred from ever holding a job in finance.
14/09/2012 19:11
Why replace Mervyn King ?? Get rid of the post and at least save the bank his £300k salary, He has not preformed very well over the past 10 years...........
The bid for the post will be "Fair and open " Yeh right, Bob Diamond, and Fred Goodwin are looking for another bank to screw up..........Give them the Job..............
14/09/2012 18:46
There is NO SHORTAGE OF OIL IN THE WORLD.
So why is the barrel price rising? This will only push the price of EVERYTHING UP!
Somebody is making an actual KILLING in this comodity and we are paying.
THIS CORRUPTION NEEDS TO STOP!!
THESE PEOPLE WILL NOT DO A THING TO HELP, THEY ARE MAKING THE KILLING!!!!!
14/09/2012 16:45
14/09/2012 16:39
14/09/2012 18:09
14/09/2012 18:33
Ken Clark has messed up everything else. Why not him go out in style and completely destroy the countries economy,,,,,, oops, sorry. He did that as Chancellor once before. Ok, Gordob Bro..... no getting worse. What about...................... Well actually there is this guy down the pub who knows all the answers. Maybe I will get him to apply. Or I might apply myself just for the golden handshake when I mess it up.
No,no,no..... doing it again. Its already messed up so what harm can I do. So its settled then, I will put myself forward,
14/09/2012 19:22
14/09/2012 16:47
16/09/2012 00:23
My best friend just has announced her wedding with a millionaire . They met via.................... ....Wealthyluv......it's the place where for meeting successful rich men & classy mature women(CEOs,athletes, doctors, lawyers, beauty queens, fitness models, and Hollywood celebrities....), who are searching for their special someone. it's worth a try!
or on the other hand give merkel the keys / cameron is giving her everything else (TELL HER TO P**S OFF ) and come out before they fleece us
14/09/2012 20:20
14/09/2012 20:13
14/09/2012 18:13
Don't they have anyone capable in the Bank of England at the moment as the way i see it outsider would have to be trained to do the job and of course have to get new strings fitted so that the puppeteers in the government can pull his strings like the have been doing with Mervyn for the past few years
17/09/2012 21:00
17/09/2012 20:53
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