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New banker bonus boom: Payouts leapt 64% to new record when Chancellor George Osborne cut top-rate tax to 45p in April

Publié par Clifford Armion le 20/06/2013

Nigel Morris

Bankers’ bonuses soared to record levels in April as the Government’s cut in the top rate of income tax came into effect, new figures have revealed.
The disclosure provoked anger, with Labour accusing David Cameron of giving a “massive tax cut” to millionaires in the City at a time when ordinary families are seeing their incomes shrink.
According to the Office for National Statistics, the average weekly bonus in the financial sector was £143 in April – a rise of 64.4 per cent compared with April 2012.
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"New banker bonus boom: Payouts leapt 64% to new record when Chancellor George Osborne cut top-rate tax to 45p in April ", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2013. Consulté le 06/05/2021. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/new-banker-bonus-boom-payouts-leapt-64-to-new-record-when-chancellor-george-osborne-cut-top-rate-tax-to-45p-in-april-