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Evening Standard

Business

Jonathan Prynn

Return of banker bonus bonanza fuels City pay boom as average hits £100,000

City London the Square Mile United States

It has been a golden year for City workers, with pay up 10% on average (Dominic Lipinski/PA) - (PA Wire)

Average full time pay in the City of London has smashed through the £100,000 barrier for the first time following the return of spectacular mega banker bonuses.

Latest official figures from the Office for National Statistics (ONS) show that full time workers in the Square Mile were paid an average of £103,352 in 2025, an inflation busting rise of 10.6% from last year’s figure of £93,438.

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