Bank of England annual report reveals top staff salaries

Bank of England governor Mark Carney
Mark Carney at the Bank of England

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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