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Courtesy Independent.............
New banker bonus boom: Payouts leapt 64% to new record when Osborne cut top-rate tax
to 45p in April
Disclosure provokes anger with Labour accusing David Cameron of giving a 'massive tax cut'
to millionaires
Bankers' bonuses leapt to record levels in April as the Government's cut in the top rate of income
tax came into effect, new figures revealed today.
The disclosure provoked anger with Labour accusing David Cameron of giving a "massive tax cut"
to millionaires in the City at a time when ordinary families are seeing their incomes shrink.
According to the Office for National Statistics, the average weekly bonus in the financial sector
was £143 in April - a rise of 64.4 per cent compared with April 2012.
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