The £1m governor: The cost of Carney in his first year

The cost of relocating the former Goldman Sachs banker and his family - including flights, temporary accommodation, and shipping costs - was £102,816. The Bank also forked out £95,846 in tax related to the cost of the move, taking the total to £198,662, according to the central bank's annual report published yesterday, the Daily Mail reports. Mr Carney's (pictured) relocation package - on top of annual earnings of £874,000 including a £250,000 housing allowance - takes the total for his first year in charge to more than £1m. It far outstrips the £309,297 his predecessor Lord King e...