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Mark Carney said that he has the experience to lead Canada through tumultuous times

Multiple challenges await Carney after election win

Canadian Prime Minister Mark Carney is celebrating his election victory, but he admits that "daunting" challenges await, including handling US President Donald Trump and reshaping the economy.

World • 29 Apr

Mark Carney celebrates at a victory party in Ottawa after the election win

Liberals to fall just short of overall majority in Canada

Prime Minister Mark Carney's Liberals will have a minority government in Canada's next parliament after falling just short of the 172 needed for majority control, according to the public broadcaster CBC.

World • 29 Apr

Mark Carney has become the first Canadian prime minister without any serious political experience

Canada will 'never' be part of US says, new PM Carney

Newly sworn-in Prime Minister Mark Carney has said Canada will "never" be absorbed into the US, rejecting President Donald Trump's annexation threats.

World • 14 Mar

Canada's incoming prime minister Mark Carney will be sworn in tomorrow

Mark Carney to be sworn in as Canadian PM tomorrow

Former central banker Mark Carney will be sworn in as Canada's next prime minister tomorrow morning along with his cabinet, the governor general's office has announced.

World • 13 Mar

Mark Carney will succeed Justin Trudeau as prime minister at a tumultuous time in Canada

Election of Carney in Canada 'very positive' for Ireland

The Chairperson of the Ireland Canada Business Association has said the election of Mark Carney as the new Prime Minister of Canada was very positive for Ireland.

Ireland • 10 Mar

Mark Carney, the former governor of the Bank of England

Carney insists that Brexit has taken toll on UK economy

Former Bank of England governor Mark Carney has doubled down on his claims Brexit has taken a toll on the pound and sparked higher inflation.

Business • 04 Nov 22

Ex-BoE boss criticises UK Govt's plan to cut taxes

Former Bank of England governor Mark Carney has criticised the new British government's plan to cut taxes for undercutting efforts by the central bank to curb inflation and for sowing chaos in financial markets.

Business • 29 Sep 22

Stripe was founded by Patrick and John Collison

Mark Carney to join Stripe's board

Mark Carney, former head of the UK and Canadian central banks, has joined the board of US digital payments company Stripe, days after the company was reported to be planning a primary funding round valuing it at over $100billion.

Business • 22 Feb 21

Former Bank of England chief Mark Carney

Former BoE chief Carney joins asset manager Brookfield

Former Bank of England Governor Mark Carney has joined asset management company Brookfield as a vice chair and head of environmental, social and governance (ESG) investment.

Business • 26 Aug 20

Bank of England Governor Mark Carney said today's measures will 'prevent a temporary disruption from causing longer lasting economic harm'

Bank of England cuts rates in shock move over virus

The Bank of England unexpectedly cut interest rates by half a percentage point to 0.25% this morning in a move to bolster Britain's economy against disruption caused by the coronavirus outbreak.

Business • 11 Mar 20

Virus outbreak will cause 'disruption, not destruction'

Bank of England Governor Mark Carney said policymakers around the world are working on a "powerful and timely" response to the economic hit from coronavirus which has raised fears of a new global recession.

Business • 03 Mar 20

Sterling managed to recover some ground today

Sterling rises as Bank of England and EU talks in focus

Sterling rose against the dollar and the euro today as the UK's fractious trade talks with the EU and expectations of rate cuts to counter coronavirus damage kept the currency near recent four and a half month lows.

Business • 03 Mar 20

Mark Carney is due to leave his nearly seven-year posting at the helm of the Bank of England to take a new role as the UN envoy for climate

Carney says business must come clean quickly on climate

Bank of England Governor Mark Carney called on the world's businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November.

Business • 14 Feb 20

Outgoing Bank of England Governor Mark Carney

Bank of England keeps rates steady as it eyes pick-up

The Bank of England kept interest rates steady today, saying signs that Britain's economy had picked up since December's election and that the global economy had stabilised meant further stimulus was not needed now.

Business • 30 Jan 20

Analysts say the pound is now being kept weak due to uncertainty around Britain's future trade relationship with the EU

Sterling holds near two-week lows

The pound edged down against the dollar today, holding near two-week lows hit after outgoing Bank of England Governor Mark Carney signalled a possible rate cut a day earlier.

Business • 10 Jan 20

Outgoing Bank of England chief Mark Carney said the UK economy has been 'sluggish'

UK recovery 'not assured' despite reduced uncertainty

The UK's economic recovery is "not assured" despite a drop in Brexit uncertainties, the Bank of England's outgoing governor Mark Carney said today.

Business • 09 Jan 20

Bank of England Governor Mark Carney is to become the United Nations' special envoy for climate change next year

Carney says finance must act faster on climate change

Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of England Governor Mark Carney said today.

Business • 30 Dec 19

Mark Carney has already delayed his departure from the Bank of England twice due to Brexit turmoil

Carney: economic firefighter at helm of Bank of England

From Brexit to the global financial crisis, the Bank of England's departing governor Mark Carney is no stranger to fighting fires, and will soon switch jobs to battling climate change.

Business • 20 Dec 19

Andrew Bailey, the new Bank of England Governor, will take up the position in March

Andrew Bailey named new Bank of England Governor

Britain's new government has today named Andrew Bailey as the next Bank of England Governor.

Business • 20 Dec 19

The Bank of England is holding its first meeting since Boris Johnson's election victory

Bank of England holds UK interest rates steady at 0.75%

The Bank of England kept UK interest rates steady today, saying it was too soon to gauge how much Prime Minister Boris Johnson's election victory would lift the Brexit uncertainty that has hung over the economy.

Business • 19 Dec 19

No rate changes from Bank of England today

Bank of England holds rate, tweaks UK growth forecasts

Two Bank of England officials today unexpectedly voted to lower interest rates due to signs of a deeper economic slowdown.

Business • 07 Nov 19

The Bank of England said Brexit uncertainty and slower world growth were increasingly causing the UK economy to perform below its potential

Bank of England's Saunders eyes rate cut on uncertainty

The Bank of England may well need to cut interest rates in the likely scenario that high levels of Brexit uncertainty persist, policymaker Michael Saunders said today.

Business • 27 Sep 19

Bank of England warns Brexit delay would hurt growth

The Bank of England said Brexit uncertainty was causing slack to re-emerge in the UK economy and damaging productivity, and a failure to reach a transition deal by October 31 could lead to further weakness.

Business • 19 Sep 19

Estimate for worst-case Brexit GDP hit scaled back

A worst-case no-deal Brexit would inflict less severe damage on Britain's economy than previously thought because of preparations undertaken since the end of last year, Bank of England Governor Mark Carney has said.

Business • 05 Sep 19

Bank of England Governor Mark Carney said it was 'too early to talk about IMF job'

IMF job? Ask me later, says Bank of England's Carney

Bank of England Governor Mark Carney tried to bat away questions about whether he wants to succeed Christine Lagarde as head of the International Monetary Fund today.

Business • 11 Jul 19