Central Bank governor Philip Lane facing unrest after staff endorse motion of no confidence

New Central Bank governor Philip Lane is facing mounting unrest among the bank’s workforce just a week into his tenure after staff overwhelmingly endorsed a motion of no confidence in the bank’s senior management. 

More than 90% of Unite members balloted voted in favour of the motion following revelations of what the union describes as secret bonus payments made to a small cohort of staff.

Central Bank staff are understood to be seeking a meeting with the governor to discuss their concerns.