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Baccardax: Bonuses by the Numbers

Average salary for salaried employee in Britain: £25,000 ($37,250)

Average salary for National Health Service Nurse: £24,000

Average salary for City of London worker in Financial sector: £51,443

Bonus Pay expected for UK banking sector for the same year: £6.4 billion

Total Bonus Pay for UK banking sector over the past five years: £31 billion

Rank of “talent retention” as the most cited reason for incentive based pay schemes in the Financial sector: 1

Estimated job losses in the UK Financial services sector by then end of 2010: 100,000

Estimated number of hedge funds closed in 2008: 700

FTSE 100 performance over the past 10 years: -28%

FTSE 100 performance over the past 10 years including invested dividends: -1%

FTSE 100 annual inflation-adjusted returns: -1.4%

Rank, in terms of worst performance, British shares have had over the last 10 years in a 110 year study: 1

Average salary of FTSE 100 CEO where shareholder returns are 10 percent or higher over the past five years: £3.8 million

Average Salary of FTSE 100 CEO where shareholder returns are lower than 10 percent over the past five years: £4.5 million

Contingent liabilities of UK financial sector taken on by the UK Treasury in 2008: £1 trillion

Estimated size of total UK GDP in 2008: £1.2 trillion

Percentage of Treasury Tax Revenue directly contributed by the City Of London: 25 percent

Estimated subsidy the City contributes to each UK region each year: £20 billion

Press stories per month mentioning “city” and “bonus” and “Gordon Brown” during 10-year tenure as Chancellor of Excheuqer: 0.22

Press stories per month mentioning “city” and “bonus” and “Alistair Darling” during 18-month tenure as Chancellor of Excheuqer: 8.6

Percentage points by which the Labour Government trails its rival conservative party in the most recent ICM Research Poll: 12

Salary limited suggested by President Barak Obama for executives of companies receiving new TARP rescue funds: $500,000

Salary limited suggested by Prime Minister Gordon Brown for executives of UK companies receiving government funds: none

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