Paying to go to work

Jul 03 2003 by Brian Amble Print This Article

Not everyone working in London's financial sector wants to escape the rat race. The BBC reports a boom in independent trading floors, known as "arcades", that rent spaces to redundant ex-bankers trading their own money.

"We expand as the city contracts," says the boss of one such operation, "so lay offs are good for business."

BBC Online | Sacked City traders go back to the floor