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- 1London bankers and lawyers earn over £1bn in takeover boom●London’s investment bankers and lawyers make more than £1bn in takeover frenzy By Lauren Almeida Bumper fees paid in the
Investment bankers and lawyers in London have earned more than £1bn in fees from a surge in mergers and acquisitions activity, according to a report by Lauren Almeida. The bumper fees have sparked criticism over high pay in the City at a time when many households are struggling with the cost of living, renewing debate about inequality and executive remuneration in the UK financial sector.