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Are we really bothered what the fat cats earn?

As the UK government appears to be edging closer and closer to revealing the most private financial details of non-board members in the city of London, many are starting to ask the question, are we really bothered what the fat cats earn?

The bottom line is that each and every person in the UK is well aware that those in the top league of the UK financial sector attract the multi-million pound bonuses and the large pay packets. However, it is not common knowledge that many of these sharp financial brains are literally burnt out after just a few years and while they do receive big-money in the good times they are never sure exactly what is around the corner.

While the UK government continues to make a big deal of the large remuneration packages in the city the fact is that the vast majority of people are not bothered what the fat cats earn and are more bothered with the service and products provided. The financial service industry is one which touches every person in the UK, whether directly or indirectly, and needs to maintain a crop of the best financial brains in the world. This ongoing vendetta by the UK authorities has the potential to scare away many big earners who may be keen to keep their remuneration packages private - as they should be.

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