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The Independent UK
The Independent UK
National
Henry Saker-Clark

Pay surge for City workers fuels new rise in earnings inequality, says IFS

PA Archive

Pay for finance workers has surged during the pandemic and continued to widen the gap in earnings inequality, according to new figures.

New analysis by the Institute for Fiscal Studies (IFS) found that mean monthly pay among finance workers in February was 31% higher than in December 2019, before the coronavirus pandemic.

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