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Evening Standard
Evening Standard
Business
Jonathan Prynn

City bonuses are back: supercars and Notting Hill flats on the shopping list for big spenders

Bill Winters Goldman Sachs London Barclays Collecting Cars HSBC

The end of winter and the approaching Spring only means one thing in the City. That blissful - or sometimes bitterly disappointing - day when you find out the number of noughts on your bonus.

This year’s “bonus season” - rewarding performance in 2024 - has been particularly keenly anticipated. It comes as the end of the first full calendar year since the cap on bonuses - put in place in the wake of the financial crisis - was scrapped in the UK in October 2023.

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