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.
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