The Square Mile has the UK’s best paid workers, but it’s tough for the people whose jobs rely on them

Pete Pentecost, who used to hand out the free City AM newspaper to commuters at Bank station in London’s Square Mile, found himself placed on furlough when the first coronavirus lockdown was declared a year ago. It got worse: after three months, he lost his job and eventually applied for universal credit, which took seven weeks to arrive.

“We thought we were going to go back in September, but they’ve taken all the racks away; City AM is just online now,” said Pentecost, who had done the job through an agency for six and a half years. “I enjoyed the job, even when it was raining.”

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