Who will succeed Sir Mervyn King at Bank of England?

Oct 2, 2012

BoE deputy governor Paul Tucker is favourite at 6-4 for the job described as ‘near impossible’

The Daily Mail is running odds on who will succeed Sir Mervyn King as new Bank of England chief, a job described as "near-impossible." The Mail says BoE deputy governor Paul Tucker is the favourite at 6-4, followed by former head of the civil service Lord O’Donnell (11-4) and Lord Turner, chairman of the Financial Services Authority, at 3-1. Less fancied but still in the running is Mark Carney, the governor of the Bank of Canada, who guided his country safely through the financial crisis of 2008, at 11-2. Jim O'Neill, head of Goldman Sachs asset management, and Sir John Vickers of the independent commission on banking are also names in play, both at 7-1.

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