City pay explosion leaves London with 2,700 bankers earning more than a million
The number of UK bankers earning at least €1 million soared to more than 2,700 last year, in a new City pay explosion. The figure is 12 time...
https://downf33d.blogspot.com/2013/11/city-pay-explosion-leaves-london-with.html
The number of UK bankers earning at least €1 million soared to more than 2,700 last year, in a new City pay explosion.
The figure is 12 times more than any other country in the EU, underlining London’s dominance as Europe’s financial centre.
The total rose by 11 per cent despite strenuous Government efforts to curb the damaging “bonus culture.” The figures, from the European Banking Authority, show thousands of London finance workers still measure their pay and bonuses in millions, five years after the banking crisis that triggered a devastating global recession.
From The Truth Seeker
