Mark Carney will stay as Bank of England governor until 2019

Bank of England Governor Mark Carney will stay in his role until 2019, the Bank of England confirmed on Monday evening, ending weeks of speculation about the governor's future with the bank.

"Recognising the importance to the country of continuity during the UK's Article 50 negotiations, and notwithstanding those personal circumstances, I would be honoured to extend my time of service as Governor for an additional year to the end of June 2019," Carney said in a letter to Chancellor Philip Hammond.

This is a breaking story, and will be continually updated.

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