Big rise in people earning more than £1m a year

Big earner: Adam Crozier
12 April 2012

The number of people in Britain earning more than £1 million a year has reached a record 14,000.

Latest official figures published today show that even the credit crunch and the worst post-war recession could not slow the increase in the ranks of the "annual millionaires" in 2008.

Those lucky enough to be able to boast of a
"nine figure salary" will include a mix of
City bosses such as Barclays chief Bob Diamond, Premiership footballers and a handful of
public servants, including departing Royal Mail chief Adam Crozier.

At least half are thought to live in and around London.

The total earning at least £100,000 also hit an all-time high of 643,000.

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