Details of leaving gifts and events to mark the departure of Bank of England Governor Mark Carney

We publish details of a selection of requests made under the Freedom of Information Act 2000, and the information we disclose in response.

Date: 4 May 2020 

Disclosure:

 ‘*…the amount spent on leaving presents for Mark Carney, with a breakdown showing what the presents were and their cost;

*…if the Bank paid for a leaving party and or drinks and or dinner etc for Mark Carney and, if so, when these were held and the amount spent on each.

*…if any planned party, drinks, dinner etc had to be cancelled as a result of the coronavirus crisis and, if so, what these were, when they were planned for and the costs associated with each.’

Due to the outbreak of Covid-19, the Bank of England (the ‘Bank’) was unable to host the events that were planned to mark the departure of Mark Carney as Governor. No costs were incurred as a result of those cancellations.

The cost of the leaving gifts presented to Mark Carney by the Bank amounted to £4,859.00. These costs were met by the Bank with the approval of the Court of Directors. The Bank commissioned a bronze casting of part of the Bank’s Threadneedle Street building and presented that to the Governor as a momento of his time here. This cost £4,044. The Governor was also presented with two bound signature books at a cost of £815.

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