Mark Carney 'wants to be boring'

Mark Carney is coming under some pressure for his UK pay - which is almost 3 times higher than in Canada. He says it is consistent with similar executive deals.

Mark Carney, the governor-designate of the Bank of England
Mark Carney, the governor-designate of the Bank of England Credit: Pool

Mark Carney wants to be boring. In written evidence: "I would like [my] exit in 2018 to be less newsworthy than my entrance." When asked about his management style Carney says "I've done everything I can to build consensus", avoiding a comparison with Mervyn King, the current governor, directly.

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New BoE Governor faces MPs

The next Bank of England Governor, Mark Carney, has appeared before the Treasury Committee.