Bank of England annual report reveals top staff salaries
BoE profit was up 50% on the previous year
The Bank of England (BoE) and its subsidiary, the Prudential Regulation Authority, today published their annual reports – showing a 50% increase in profits for the BoE in the financial year to February 28, 2014.
One major contributor to the bank's income was the funding-for-lending scheme (FLS), which brought in £89 million over the year, compared with £10 million in the previous year.
The report also disclosed the remuneration of the bank's top staff. Governor Mark Carney's salary of £480,000
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