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Evening Standard

Business

Simon English

HSBC pay deals are just a reward for not screwing up

HSBC Noel Quinn

A sign for a branch of HSBC
(Picture: PA Wire)

Arch defenders of capitalism like to say that a rising tide lifts all boats.

This assumes we all own a boat, but leaving that aside, the idea is that inequalities don’t matter too much as long as everyone is getting richer.

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