Taxpayers paid six figure sum for Mark Carney's Bank of England move
The final bill of £102,816 included flights to the UK for the Governor and his wife to hunt for schools for his family and temporary accommodation
Tuesday 17 June 2014
British taxpayers paid a six-figure sum to move Bank of England Governor Mark Carney from Canada to London last year, it emerged today.
The final bill of £102,816 included flights to the UK for the Governor and his wife to hunt for schools for his family - sources say they flew economy class - as well as packing and shipping costs and temporary accommodation.
It is also likely to include the £1300 cost of suspending six parking bays while he moved in to his luxury home last year. The Governor’s vast shipping container squeezed up the street but broke off a huge tree branch, forcing police and the fire brigade to seal off the road.
The relocation bill was paid on top of Carney’s already high salary. Chancellor George Osborne made Carney the highest paid central banker in the world to tempt him to the Bank in 2012 with a total package of £874,000, which includes a £250,000 annual housing allowance.
The Bank’s annual report also revealed a pay rise for deputy Governors for the first time since 2010 in March, as salaries rose 2 per cent to £263985. The four external members of the Bank’s Monetary Policy Committee were each paid £133,091 but these also received a 2 per cent pay rise in March.
Threadneedle Street also bumped up the pay for external members of the Financial Policy Committee from £77,520 to £90,698 and independent directors of the Prudential Regulation Authority to £102,326 “in the light of experience (and) the time commitment involved for the members of each of these committees”.
The largesse contrasts with Chancellor George Osborne’s commitment last year to peg average pay growth across the wider public sector at 1 per cent until 2015/16.
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
- 3 Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
- 4 Mafia's wall of silence broken: Victim of Cosa Nostra's extortion rackets in its Corleone heartland co-operates with authorities for the first time ever
- 5 Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
9 reasons Greece's experiment with the radical left is doomed to failure
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...
£16500 - £16640 per annum: Recruitment Genius: This fast growing Finance compa...