BREAKING NEWS

UK to announce new Bank of England governor

LONDON - Britain's government is expected to announce the next governor of the Bank of England to parliament around 1530 GMT on Monday.
Parliament's website showed that a statement on the Bank of England was due after defence questions, which start at 1430 GMT and last around an hour.
Finance minister George Osborne is widely expected to be about to announce a successor to BoE Governor Mervyn King.