City bonus expected to rise by 50%
According to data from the Centre for Economics and Business Research (CEBR), the City bonus payouts for 2009 is forecast to rise to £6.0 billion, an increase of 50% compared with payments made earlier in the year.
However, this amount is still significantly lower than the £10.2 billion paid out for 2007, owing to a poor start to the year and fewer people now working in the City.
If you enjoyed this post, make sure you subscribe to my RSS feed!