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The Independent UK
The Independent UK
National
Ben Chapman

Bankers get inflation-busting pay rises while low-income workers see earnings collapse

Bankers and consultants in the City of London have received double-digit pay increases while those on low incomes have seen the value of their earnings plunge, new figures show.

The Centre for Economics and Business Research (CEBR) said the “highest earners now enjoy annual pay growth of 10 per cent, while lowest earners see just a 1 per cent rise”.

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