It was an agreeable way to spend a balmy evening: a summer drinks party held in the lush surroundings of London's oldest botanical garden.Champagne glasses clinked as guests from business, politics and entertainment mingled at the elegant soirée hosted by the City public relations supremo Alan Parker at the Chelsea Physic Garden on Tuesday.The Marks & Spencer boss Sir Stuart Rose rubbed shoulders with Stephen Fry and Jack Straw as leading bankers talked excitedly about the new buzzword in their born-again sector: BAB.BAB stands for Bonuses are Back, and its arrival in the lexicon of the Square Mile is evidence that bankers are once again looking forward to bumper payouts, just eight months after the sector faced meltdown and governments worldwide were required to prop them up.
It was an agreeable way to spend a balmy evening: a summer drinks party held in the lush surroundings of London's oldest botanical garden.
Champagne glasses clinked as guests from business, politics and entertainment mingled at the elegant soirée hosted by the City public relations supremo Alan Parker at the Chelsea Physic Garden on Tuesday.
The Marks & Spencer boss Sir Stuart Rose rubbed shoulders with Stephen Fry and Jack Straw as leading bankers talked excitedly about the new buzzword in their born-again sector: BAB.
BAB stands for Bonuses are Back, and its arrival in the lexicon of the Square Mile is evidence that bankers are once again looking forward to bumper payouts, just eight months after the sector faced meltdown and governments worldwide were required to prop them up.
