Carney attacks City 'money rewards'

Updated
PA
PA

%VIRTUAL-SkimlinksPromo%Bank of England governor Mark Carney has turned his fire on City greed and the problem of growing inequality as he called for more to be done to clamp down on scandal-hit financial markets.

Mr Carney said globalisation had resulted in huge earnings which were "amplifying the rewards of the superstar" while "disturbing evidence" suggested opportunities for social mobility were narrowing.

Advertisement