Mark Carney's school report: how has the governor done in his first year?

Unveiling Jane Austen on banknotes. Chillaxing at a music festival. Basking in the knowledge of being hand-picked as the first foreigner to govern the Bank of England. That was Mark Carney in July last year, when he arrived in London from Ottawa to take over on Threadneedle Street from the departing Mervyn King.

Carney's headlines were to die for. He was the George Clooney lookalike with a mission to give the Old Lady a makeover. He was a cool dude, the guy who had been a goaltender in Harvard's ice hockey squad and now, in London, went jogging on Hampstead Heath. The US could boast Ben Bernanke, the student of the Great Depression, and the eurozone had Mario Draghi, the man who pledged do to whatever it takes to keep the single currency in business, but Britain had Mark Carney: the rock star central banker.