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New Bank of England Governor

The incoming Governor of the Bank of England Mark Carney is setting out how he will act in his new role during a speech as the current Bank of Canada Governor.

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Osborne: We have the best person in the world

Chancellor George Osborne said the new Governor of the Bank of England, Canadian banker Mark Carney was "the outstanding central bank governor of his generation." He said:

"My responsibility was to get the best person in the world to do this job, and in Mark Carney we have got that person. It is a great thing for Britain."

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