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Briton’s £25bn bonus

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01/06/2006

British workers received around £25bn in bonuses over the last 12 months, according to research from Birmingham Midshires.

Just 14% of workers were the lucky recipients of a bonus over the last 12 months, averaging £3,858 each. The study also found that 1% of the population received a redundancy payout from their employer which averaged £20,480.

Despite the odds of winning the jackpot on the Lotto being as high as 76 million to one, more than one in seven (13%) people struck it lucky in competitions and lotteries over the last 12 months, with each winner receiving an average £2,659.

On average Brits received a monetary windfall of £5,944 in the last 12 months, but saved or invested just 40 per cent of it, allocating just eight per cent towards paying off part of their mortgages or debts.

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