Carney in ‘Lap of Gods’ as U.K. Rebalancing Drive Stalls
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Mark Carney joined the Bank of England heralded as a superman. While he’s revolutionized the three-century-old institution, there’s not much he can do to achieve a balanced recovery.
The BOE governor is set to address an international audience of business representatives tomorrow in Glasgow, with Britain struggling to entrench a revival in exports as business investment and consumers drive the U.K. economy.