Blog: The FCA’s £53,161.71 a mile taxi ride
Some random calculations on the cost of finding the regulator’s new CEO.
Okay so I have taken a punt here.
I've assumed that Andrew Bailey currently works in an office with the Prudential Regulation Authority at 20 Moorgate, London EC2R 6DA.
I have further assumed that when he becomes CEO of the Financial Conduct Authority (FCA) he will have an office at 25 The North Colonnade, London E14 5HS.
The shortest driving route suggested by Google comes in at 4.1miles and apparently on a traffic-free run can be done in 16 minutes.
Recruitment cost
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