Bumper payouts are ‘kick in the teeth for everyone else suffering with the cost of living crisis’, say critics

This week British bankers will start collecting the biggest bonuses since before the 2008 global financial crisis as their employers fight an “increasingly intense war for talent”.

As most Britons face the biggest squeeze on their incomes since at least 1990, already very highly paid bankers are celebrating “particularly obscene” bonuses in the City’s pubs and wine bars.

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