Impact of automation on jobs has been overstated, claims Bank of England's Mark Carney

Tom Allen
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Carney expects automation to replace about 10 per cent of jobs in the UK
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Carney expects automation to replace about 10 per cent of jobs in the UK

The head of the Bank of England rejected earlier research on automation, some done by the BoE's own economists

Mark Carney, governor of the Bank of England, has said that the threat of job losses from automation is being blown out of proportion, because some jobs are simply not suited to being replaced by machines....

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