Canadian lands UK's top banking role

Chancellor George Osborne shocked the City today as he unveiled Canadian Mark Carney as the first non-British citizen to be appointed as governor of the Bank of England.

Canadian lands UK's top banking role

Chancellor George Osborne shocked the City today as he unveiled Canadian Mark Carney as the first non-British citizen to be appointed as governor of the Bank of England.

Beating a host of financial heavyweights to the £300,000 a year post, the current governor of the Bank of Canada will succeed Sir Mervyn King when he steps down next June.

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