The Bank of England handed out more than £25m in staff bonuses last year, while telling ordinary workers not to ask for more money, openDemocracy can reveal.
Officials at the bank were each awarded up to £22,500 on top of their regular salaries, despite its chief economist Huw Pill telling Brits to “accept” being poorer and governor Andrew Bailey calling for wage “restraint”.
Average pay at the bank is already £62,189, while Bailey is on almost half a million pounds a year.
