Carney salary doubles to $1m with BoE move


Mark Carney, the next governor of the Bank of England, will double his current annual pay to more than $1 million when he assumes the role in July next year.

The Bank of England's non-executive directors, who set pay for the governor and deputy governors, today (December 19) agreed Carney would receive a salary of £480,000, plus a yearly "accommodation allowance" of £250,000, a package worth nearly $1.2 million. The governor will receive an additional 30% of his salary in lieu of a pension.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account