Bank of England, Brexit, Inheritance Tax and Life Insurance
City traders are speculating about how long Mark Carney will remain as Bank of England governor, after Theresa May attacked the BoE’s loose monetary policy stance yesterday. According to The Guardian, Carney is expected to decide by the end of the year whether to just do five years at the Bank (the original plan), or sign up for an extra three year’s service. He arrived in July 2013. May’s criticism could, perhaps, encourage Carney to exit gracefully in 2018 after all. Or he might decide that London remains the place to be, as the Brexit story plays out. May surprised the City by telling the Conservative Party conference that ultra-low interest
