Speculation grows that Bank of England chief could resign

London, Muharram 29, 1438, Oct 30, 2016, SPA — Speculation grew on Sunday that Bank of England Governor Mark Carney could soon announce his resignation following
criticism of his stark warnings of the potential economic effects of Brexit, according to dpa.
Carney has come under increasing pressure from pro-Brexit politicians in the ruling Conservative Party and the United Kingdom Independence Party (UKIP) to leave his post, several British newspapers reported.
He was seen as too close to former prime minister David Cameron and former chancellor George Osborne, who were both strong supporters of Britain remaining in the European Union.
The Brexiters believe Carney was “too supportive of Britain remaining in the EU [and now] scent blood in their feud with the governor,” the Financial Times said.
Carney has promised to announce by the end of the year whether or not he plans to extend his term of office for three years until 2021, or to end it in 2018.
Some analysts have speculated that he could announce his decision as early as Thursday, when he is scheduled to speak at a central bank press conference.
— SPA
19:59 LOCAL TIME 16:59 GMT