More bankers were paid in excess of €1m in Britain than in any other EU nation, according to European Banking Authority
Given that the vast majority of the European Union\’s wholesale financial markets are in Britain this shouldn\’t really come as much of a surprise. It\’s like saying that the majority of high paid Parma ham producers are in Italy, high paid champagne people are in France and highly paid bouzouki makers in Greece. And?
People have heard of comparative advantage, have they?