5 top stories from elsewhere you missed during the Autumn Statement


Record winter deaths, mortgage-lending high, bankers’ bonuses and more

1. “Bankers don’t work harder for bonuses” – John Cryan, CEO Deutsche Bank

A banking boss has possibly made the most honest comment of the year, telling a conference he won’t work harder for a bonus and he didn’t think his colleagues did either.

John Cryan, co-CEO of Deutsche Bank, said pay in the sector was still too high.

“I have no idea why I was offered a contract with a bonus in it because I promise you I will not work any harder or any less hard in any year, in any day because someone is going to pay me more or less,” he said.

2. Mortgage lending reaches 7-year high

Competitive deals from banks are thought to be responsible for a 7-year high in mortgage lending.

Figures from the British Bankers’ Association show gross mortgage lending is up 26% on last year to £12.9bn in October.

This is the highest level since August 2008.

3. Holborn abolishes stand on the right rule

Commuters were left confused after Holborn Tube station began a three-week trial of abolishing the rule which requires passengers to stand on the right side of the escalator.

Underground bosses brought in the measure with the hope of easing congestion.

4. Pilot did not want to fly in Vauxhall helicopter crash

The inquest into the Vauxhall helicopter crash which killed two people and injured 12 others heard the pilot was concerned about the thickness of fog on the morning of the accident.

Peter Barnes, who died of multiple injuries in the crash with a crane on The Tower at St George’s Wharf, had told his partner he was worried about the weather conditions ahead of the flight.

5. Winter deaths at highest level in 25 years

Last winter saw the highest level of excess deaths in 25 years, at 43,900.

The shock figures from the Office for National Statistics show excess deaths rose 151% on last year – the biggest rise since 1967/8.

Respiratory diseases such as flu were to blame for more than a third of deaths.


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