News hitting now abut the deputy governor leaving

The main wires picking it up now

  • Will leave end of Feb 2017

  • Will be joining the London school of economics

She became deputy gov in August 2014.

There's been no reaction in the pound and MPC members serve fixed terms that can be extended, or they can be replaced.

According to the BOE statement when she joined, she was due to finish in July 2019. We'll have to see how this early departure has come about.