“Why on earth would you want to go into banking?” I asked my college friend at his end-of-term house party. “You hate finance and you want to work in the theatre.”
The answer was, of course, the money. The splurging City bonuses – with directors awarding each other up to £6m a year and twenty- somethings on bonuses 15 times their core pay, running out of luxury goods on which to spend their thousands.