Groundhog Pay
A top think-tank claims that city bonus will rocket 50% to £6 billion this year. High-flying traders are set to rake in huge payouts once again following massive profits for banks over the last six months.
The Centre for Economics and Business Research said that bonuses are beginning to bounce back. The payout is £4 billion lower than 2007, but is nearly £2 billion more than was expected six months ago. It will stun the thousands of Brits who have lost their jobs ever since the crisis began.
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