Following a request from Money Marketing, the MAS revealed the cost of refurbishing its Hatton Garden offices in London in March was £841,378. The service’s “learning and development programme”, which includes a series of staff away days, cost £250,540, bringing the total cost of the office move and away days to £1,091,918.
A MAS spokeswoman says: “The lease was due to expire in March and it was more cost-efficient to remain in the current properties with a new 10-year lease and a refurbishment than to move to alternative locations.”