The Georgian Bank of England: a day in the life
HistoryExtra podcast
00:00
The Impact of the Bank's Pension Bill on the Middle Class
The bank operates an internal labor market which means it only recruits at entry level. It generally takes them between sort of three and five years before they start getting pay rises. When they get to the higher echelons of the bank they are well paid so we're talking about £250, £300 a year. The bank retires them on very generous pensions as well.
Play episode from 24:54
Transcript
