It pays to be the banker. Some members of the Bank of England’s Financial Policy Committee, responsible for monitoring and maintaining financial stability, are taking the taxpayer for a bit of a ride when it comes to their travelling habits. Carolyn Wilkins, external committee member and former Mark Carney deputy at the Bank of Canada, has racked up an eye-watering 107,537 in travel expenses, mostly on business class flights, since her appointment three years ago. That’s somewhere around 7,844% of what the average Brit spends on flights…
Wilkins has now been confirmed for another salubrious three years. Meanwhile, a different external member, former Federal Reserve board member Randall Kroszner, has racked up £41,999 in expenses in his first year in the role. That’s while enjoying a £98,200 salary as the taxpayer forks out £85 billion to cover the cost of the bank’s quantitative easing programme…