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Pandemic on Wall Street causes rising levels … of bonuses
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Just as most of us are feeling the effects of soaring inflation, which the Office for National Statistics said last week had reached a 10-year high of 5.1%, wealthy bankers and traders are looking forward to receiving extraordinarily large new year bonuses.
Banks on both sides of the Atlantic are finalising bonus pool deals that could be inflated by as much as 50% compared with last year, reaching their highest levels since 2009 and the mergers and acquisitions boom that followed the financial
Read more on theguardian.comAbout this in other media
U.S. Consumer Confidence Improved in Early December as Inflation, Pandemic Fears Eased wsj.com /3 years ago
Covid-19 Pandemic Drives U.S. Population Growth to Record Low wsj.com /3 years ago
UK train services hit ahead of Christmas as Covid causes staff shortages theguardian.com /3 years ago
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