May quitting throws Bank of England governor race into unknown


Britain's economy is likely to grow less than the Bank of England forecast earlier this month as Brexit uncertainty hurts investment and productivity, Deputy Governor Dave Ramsden said on Thursday.

LONDON: Theresa May’s resignation threatens to turn the race to lead the Bank of England (BoE) on its head.

A new prime minister – and the new chancellor of the exchequer that might accompany them -- could have very different priorities from May and Philip Hammond, potentially opening the door for a different slate of candidates for the top BoE job.

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