Carney delivers first speech

The new Governor of the Bank of England is gave his first major public speech today in Nottingham.

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  1. Mark Gough

Mark Carney talks economy in Nottingham speech

The Governor of the Bank of England, Mark Carney, has continued to speak about the economy, in his first speech in the role which is taking place in Nottingham.

He has told listeners that there is only a one in three chance of unemployment coming down quickly to the seven per cent threshold, set by the Bank of England.

He went on to say that the outlook for the world economy and our major export markets is looking a bit better.

The Governor stressed the need to get the banks fixed, to free up money to lend to people to start or grow businesses.

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