Fears over delay to naming Clementi successor

UK - The UK government may delay the announcement of a new deputy governor at the Bank of England.

The Chancellor, Gordon Brown, had been expected to unveil the replacement for David Clementi, who retires next week, over the next few days, reported Monday's Independent newspaper in the UK.

The decision will also determine who fills the vacant seat on the Bank's Monetary Policy Committee that sets interest rates.

But a Treasury spokesman said: "We are not sure if it will be this week, it's still in

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