Calls for measures to rein in payouts as analysis shows record bonuses rising six times faster than average wages
Bonuses paid to the UK’s bankers, insurance brokers and other financial sector workers have hit a record high and are rising more than six times faster than average wages in the UK, unions have found.
The Trades Union Congress said its analysis suggested that the City’s bumper executive bonuses of the pre-financial crash era are back, even as much of the country struggles with a soaring cost of living that is outstripping pay rises.
