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Investors 'concerned about wealth gap'

Investors 'concerned about wealth gap'
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Investors and stock market traders in the City are concerned that the wealth gap between rich and poor in the UK is getting too wide.

According to a new report from the St Paul's Institute, entitled Value and Values: Perceptions of Ethics in the City Today, 75 per cent of those interviewed claimed the gap was too wide.

Conducted by comRes, the study, published by an institute tied to St Paul's Cathedral, which has been battling internally over the removal of Occupy London protesters since October 15th, involved 515 financial professionals working in the City.

Two-thirds of those surveyed claimed that high salaries and substantial bonuses were the most important motivation for working in the city. Enjoyment of work was far less important to the stock market traders and investors.

However, according to recent research from Infogroup and ORC International, financial services workers are among the happiest in the UK, with employee engagement in the sector standing at 63 per cent.

At the time of the finding, Sally Winston, divisional manager of employee research at ORC, told HR magazine: "Although employees within the financial services sector have had a rough time in recent years, our findings show that companies in this sector are managing to keep their employees engaged."

Posted by Greg SeckerADNFCR-1681-ID-800789047-ADNFCR