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What does the Bank of England governor actually do?

It's the top job at an institution that can affect the finances of people across the UK, but what does it involve?

Andrew Bailey has been appointed as the governor of the Bank of England.

Andrew Bailey, the Financial Conduct Authority boss, is the favourite to take over from Mark Carney.

Natural gas and power prices in New England spiked to their highest since last winter as a cold snap froze the six-state region.

Rates could be cut if global growth does not recover or Brexit uncertainty persists, the Bank indicates.

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