Carney's wife's quip about London housing raises ire

Written By Unknown on Rabu, 27 Maret 2013 | 22.39

Mark Carney's wife has drawn criticism from the scandal-hungry British press for suggesting she's having a hard time finding suitable housing in London despite her husband's soon-to-be $1-million salary.

From her Twitter account on Monday, Diana Carney tweeted a link to a story about how French President François Hollande is scaling back a proposal that would have seen higher taxes on the ultra-rich. That tax plan had caused France's ultra-rich to leave France in droves, and set up in London, thereby decreasing the supply of high-end homes.

According to multiple media reports, Carney tweeted the link with the following comment: "Maybe I'll be able to find a place to live in London after all."

Diana Carney tweets from the account @DianaC2020, which is a protected account — meaning followers must be approved by Carney herself before being able to view the things she tweets.

The British press jumped all over the comment, considering her husband Mark Carney will be paid more than $1 million when he starts his job as the head of the Bank of England in June. The role also comes with a housing allowance of $7,682 per week.

"Her husband is getting a housing allowance that is more than many of my constituents earn in 10 years," Labour MP John Mann was quoted as saying in The Daily Mail. "I would be happy to help her find suitable accommodation. I'm prepared to move out of my London flat for her which will be available at just four per cent of her housing allowance."

Carney's compensation package has raised eyebrows at a time when there are more than two million unemployed Britons. He will earn more than his predecessor, Mervyn King.

Carney was on track to have a lucrative career in investment banking at Goldman Sachs before making the leap to the public sector more than a decade ago, first to the Department of Finance and then to head the Bank of Canada.

He received many glowing reviews for his steady stewardship of Canada's economy during the recent financial crisis. Canada's central bank has yet to name his replacement.


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