Friday, October 5, 2012

Bank job is 'next to impossible' but someone's got to do it | The Times

Lord Burns, the chairman of Santander UK and a former Treasury Permanent Secretary, is being discussed in government circles as one of the potential candidates to succeed Sir Mervyn King as Governor of the Bank of England, The Times understands.

The former mandarin is among a narrow range of individuals regarded as having the requisite financial and public sector experience to lead a beefed-up institution that will bear little resemblance to the organisation that Sir Mervyn inherited nine years ago.

The deadline for applications to be the next Governor is on Monday morning, amid warnings by analysts that the heavily

Source: http://www.thetimes.co.uk/tto/business/economics/article3559215.ece

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