Carney Relocation to London Cost More Than 100,000 Pounds

Mark Carney’s relocation to London from Canada to take the helm at the Bank of England last year cost the central bank more than 100,000 pounds ($170,000).

The amount spent was revealed in the central bank’s latest annual report, published today. It said it’s BOE policy to relocate those appointed to senior positions “and to incur the costs of doing so.”