Mervyn King given £10k portrait as retirement gift

clock

Sir Mervyn King was handed roughly £13,000 of leaving presents, including a £10,000 portrait of himself when he left the Bank of England in June.

The former governor (pictured) was also presented with a £597 silver napkin ring and a £2,505 bust of the German thinker Johann von Goethe. The gift list was obtained under the Freedom of Information Act by MSN UK. The Bank of England said: “As with previous retiring governors, the bank commissioned a portrait of governor King, and presented him with a copy. This cost £10,000. “In addition, the governor received a replica bust of Johann von Goethe. This cost £2,505. “These costs were met by the Bank, with the approval of the court of directors.” A £4,672 evening reception and...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Technology cited as main barrier to private market access for advisers

Technology cited as main barrier to private market access for advisers

Follows Oliver Wyman’s and Clearstream’s private markets whitepaper

Sophia Panayi
clock 04 August 2026 • 3 min read
Ascot Lloyd links up with BlackRock for investment offering

Ascot Lloyd links up with BlackRock for investment offering

A move to a single investment provider

Isabel Baxter
clock 04 August 2026 • 2 min read
Beyond London: Adviser opportunities in regional investment

Beyond London: Adviser opportunities in regional investment

Hugi Clarke unpacks the regional growth agenda

Isabel Baxter
clock 31 July 2026 • 1 min read