City Bonuses Soar 30pc to £14 Billion High
By Sophie Borland, 31 Aug 2007
Bonuses taken home by London's financial sector workers have gone up by 30 per cent in the last year, fuelling a mass demand for luxuries such as yachts, Rolls-Royces and country homes - specifically in the luxury car and superyacht market.
The total pocketed by those working in the financial sector now stands at £14.1 billion, the highest on record. This figure has increased by twice as much as it did during the previous financial year when it stood at £10.9 billion.
Read the full report from here @ The Telegraph, UK
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