Economics

Carney Rolls Out Guidance Campaign as Yields Surge: U.K. Credit

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David Frankish works 140 miles (225 kilometers) north of the U.K.’s financial district, running a chilled-food transportation firm with 2,000 employees and seven depots.

Distance from the City of London doesn’t stop the chief executive officer of NFT Distribution Ltd. from sharing investors’ qualms about Bank of England Governor Mark Carney’s ability to maintain U.K. interest rates at a record low.