BUSINESS

UK Banker Bonuses Skyrocket, Up 40 Percent This Year On Average

04/14/2010 05:12 am ET | Updated May 25, 2011

LONDON (Reuters) - Bankers in London have received average bonus increases of 40 percent this year and most have also received a jump in base salary, according to a survey, signalling that attempts to restrain payouts are failing.

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