Our Westminster correspondent Ben Bigge overheard this conversation in a public hostelry near Westminster:
"The damn insolence of it! Bloody foreigners popping over the pond trying to tell Britain how to take care of the economy! Damn jumped-up Canadian chappie, what's his name? Oh, Carney, that's it. Just who, in the blazes, does he think he is?
And (excuse me one minute while I froth at the mouth), how much did you say we are going to pay him? Whattttt??? How much??? Dammit man, have you taken leave of your senses? Don't you know the Old Lady of Threadneedle Street has a pay freeze policy? We pay old Mervyn (Sir Mervyn King; current governor of the Bank of England) just over £300,000, barely enough to pay a chap's bar bill at the club I know, so why are we going to pay this new colonial chap nearly three times that? And, of course I have to ask, is he the right sort of chap? You know, old school tie and all of that?"
Cost of UK bank bailouts during the financial crisis: £850 billion (CDN$1.4 trillion)
Cost of Canadian bank bailouts during the financial crisis: $0.
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