Bank of England paid £3m in 'golden goodbyes' over 15 months

Bank of England paid £3m in 'golden goodbyes' over 15 months

Rise in settlements in 2019 included those paid to departing tech security staff shortly before major breach

The Bank of England paid departing staff almost £3m in “golden goodbyes” over 15 months, at the same time as an exodus of workers from its information security team.

Settlement payments to former staff surged to £2.3m in 2019, according to data provided to the Guardian under freedom of information laws. The Bank confirmed that former information security staff received some of the payments.

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09 August 2020


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