The Bank of England more than doubled its external legal spend in 2013-14 to £5m, the first increase since 2008-09 and the peak of the banking fallout from the financial crisis.
June 17, 2014 at 11:21 AM
1 minute read
The original version of this story was published on Legalweek
The Bank of England (BoE) more than doubled its external legal spend in 2013-14 to £5m, the first increase since 2008-09 and the peak of the banking fallout from the financial crisis.
Accounts filed today (17 June) for the year ending 28 February show external legal fees were up from £2m to £5m, set against an increase in combined profit before tax by 69% to £180m.
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