The City is awaiting Mark Carney’s decision on whether he will stay on at the Bank of England as speculation mounted yesterday about his future.

The Canadian will announce by the end of the year whether he will continue as the Bank’s governor beyond 2018, but there have been suggestions he might make a statement as soon as Thursday, when he delivers his quarterly inflation report.

Mr Carney suggested during an appearance before a House of Lords committee this week that he was still weighing it up, saying it was a “personal” decision.