Tag Archives: City

Fall in City bonuses pushes average earnings growth down to 1.8%

Average weekly earnings growth in the whole economy dropped back to 1.8% in the three months to February, from 2.1% in January, but this was almost entirely caused by a substantial fall in bonuses in the finance and business services sector. Some commentators have pointed to a shift from bonuses to basic pay in this sector. Continue reading Fall in City bonuses pushes average earnings growth down to 1.8%