More than half of Britain's bankers are expecting their bonus cheques to rocket – in some cases by up to 70pc. Two surveys conducted by eFinancialCareers.com and Morgan McKinley show that despite a clampdown on pay by global regulators City staff are still placing orders at their local Porsche dealership in expectation of bumper cash bonuses.
Last week's report by the Centre for Economics and Business Research (CEBR) suggested those in the financial sector would receive nearly £7bn in bonuses this year.
Here we go again!
