Mark Carney Endorses Rachel Reeves as Next Chancellor

The former Bank of England Governor Mark Carney has endorsed Rachel Reeves as a ’serious economist' and said she would make a good chancellor.

Shadow chancellor Rachel Reeves in conversation with Claire Walker, BCC co-executive director, during the British Chambers Commerce Annual Global conference at the QEII Centre, London, on June 30, 2022. Yui Mok/PA Media

The former governor of the Bank of England, Mark Carney, has formally endorsed Rachel Reeves as the next chancellor of the exchequer as she said the Labour Party was “ready to rebuild Britain.”

In her speech to the Labour Party conference in Liverpool on Monday, Ms. Reeves promised to pull the economy out of the, “wreckage of Tory misrule.”