Skip to main content

Mark Carney and two advisers rack up £100k on travel and taxis in just three months

BANK of England governor Mark Carney and two of his US advisers have racked up more than £100,000 on travel and taxi costs in just three months.

Figures revealed by the bank today show Mr Carney claimed £50,664 in expenses between March and May.

US-based financial policy committee (FPC) member Donald Kohn spent nearly £31,000 on travel, including just three return flights from Washington to London.

FPC member Anil Kashyap racked up £22,266 on travel costs, including three return flights from Chicago to London.

In June, the Treasury select committee found both Mr Kohn and Mr Kashyap had spent £390,000 in travel expenses over the past two-and-a-half years.

This included more than £11,000 on one flight for Mr Kashyap from Chicago to London, which was branded "staggering" by Simon Clarke MP, who said it had "disturbing echoes" of the MPs' expenses scandal.

Responding to the latest figures, FPC chairwoman Nicky Morgan said the bank's staff expenses remain "staggeringly high."

 

OWNED BY OUR READERS

We're a reader-owned co-operative, which means you can become part of the paper too by buying shares in the People’s Press Printing Society.

Become a supporter

Fighting fund

You've Raised:£ 5,907
We need:£ 12,093
18 Days remaining
Donate today