Former BoE governor's send-off gifts included £10k portrait

Bank Of England Building

Cor blimey (former) guv'nor!

Reuters News reports that King, who stepped down as bank governor at the end of June, was presented with a painting of himself worth £10,000, a silver napkin ring costing £597 and a sculpture of Johann Wolfgang von Goethe, the elder statesman of German literature, costing £2,505.

Britain's central bank confirmed the presents and figures on Wednesday following a request for information. The bank, which is ultimately funded by the taxpayer, also footed the bill for three leaving parties costing £10,000.

Bank insiders said the portrait and napkin ring were traditional gifts given to parting central bank governors. The sculpture of Goethe was bought after friends were sounded out.

To access the complete Reuters article hit the link below

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