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The Guardian view on Britain's new class divide: the professional middle is being hollowed out | Editorial

An Oxford don in charge of mathematical finance told its reporters that almost all his students ended up working at quant trading firms, on salaries from 250,000 to 800,000. If you get offered a salary less than 250K, you're kind of the sad guy, he said, adding that nobody I know interviews for JPMorgan, Goldman Sachs not once do I hear anybody entertain any of these traditional investment banking jobs.

UK politics

London politics

fromwww.standard.co.uk

1 week ago

London 'will avoid worst of Angela Rayner's council funding raid' after fears of huge tax rises and service cuts

London will largely avoid the worst effects of a proposed £2 billion council funding redistribution after housing costs receive greater weighting in the formula.

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The Guardian view on Britain's new class divide: the professional middle is being hollowed out | Editorial

London 'will avoid worst of Angela Rayner's council funding raid' after fears of huge tax rises and service cuts

#london-finance
#london-finance