The report from St Paul’s Institute that was recently delayed is now published.
Download the full report from here. (PDF, 1.6 Mb)
From the press release:
Professionals in the Financial Services sector believe that City bond traders, FTSE Chief Executives and stock brokers are paid too much, teachers are paid too little and that there is too great a gap between rich and poor in the UK, according to a survey carried out by ComRes on behalf of St Paul’s Institute.
Marking the 25th anniversary of the financial ‘Big Bang’, the survey also indicates that the majority of Financial Services professionals do not know that the London Stock Exchange’s motto is ‘My Word is My Bond’ and many think that deregulation of financial markets results in less ethical behaviour…
From the Notes:
Because the report was completed preceding the Occupy London encampment outside the cathedral it makes no mention of it and contains contributions from both the former Dean and Canon Chancellor of St Paul’s Cathedral. We are releasing the report in its original and unaltered form. The report was always intended to help develop a context for serious engagement that moves beyond colloquialisms about the financial sector and towards an understanding of true opinion and the culture of ethics in the City today.