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.