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Friday, December 25, 2009

Barclays Investment Bankers in Line For 150% Pay Rises to Ease Bonus Tax Pain

Bankers at Barclays are being given massive pay rises to compensate for the 50 per cent bonus tax. Up to 23,000 investment bankers have been awarded rises of as much as 150 per cent - apparently planned before the bonus tax was announced in Alastair Darling's Pre-Budget report.'

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