Why Bank of Canada's man will stay in Ottawa

Reports linking Mark Carney to the governorship of the Bank of England should be treated with scepticism

Just how many central banks can a highly-respected official govern simultaneously? The answer, of course, is one.

This is why there was always something fishy about the recent bout of press speculation that Mark Carney, 47, Governor of the Bank of Canada, was being sounded out to succeed Sir Mervyn King, who is due to step down from the Bank of England at the end of June 2013.

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