Thursday, August 17, 2006

City bonuses up again but will this affect property?

City Bonuses Soar 16%

Bonus payments in the City are reported to have climbed 16% to a record £19bn - equivalent to the UK's entire annual transport budget. The figure is claimed in The Guardian newspaper which has analysed data from The Office for National Statistics.

Posted by Webmaster @ 10:38 AM (539 views)
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2 thoughts on “City bonuses up again but will this affect property?

  • Again, the article carefully steers wide of commenting on the likely effect on inflation.

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  • I see another City-Bonuses inspired property boom in London. Oh well so much for the HPC. Guess we have to wait until 2008.

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