BoE staff costs rose 6% in 2015, annual report shows
Carney turns down pay rises but still nets $1.4 million
The Bank of England's (BoE) annual report for 2015, published June 15, reveals rising staff costs, with the central bank appointing more senior staff and reducing the number of more junior positions.
Staff costs rose around 6% over the year, from £196 million ($306 million) to £208 million. The biggest increase derived from a £13 million increase in the cost of pensions and other "post-retirement costs", but the wage bill also rose by £3 million. This was offset by lower costs from
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