Carney is first £1m Bank governor

Press Association
UK Quarterly Inflation Report
UK Quarterly Inflation Report

%VIRTUAL-SkimlinksPromo%Mark Carney has become the Bank of England's first £1 million governor after it spent nearly £200,000 relocating him from Canada, figures disclosed in its annual report showed.

Mr Carney is paid a basic salary of £480,000 but also receives about 30% in pension contributions plus a £250,000 annual accommodation allowance, taking his yearly pay package to more than £870,000.