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So last year, Anon, £64.9m...and you sack those who make it for you? I call that shooting yourself in the foot. Assuming there are, say, 100 partners that means £649,000 per partner. Well, I could easily get by on that. And if those 100 were to accept £500,000 p a that would leave £149,000 x 100 = £14,900,000 to keep on the 45. And if the partners' stoppages were 50% that would only cost them£75,000 anyway.

And who is to do the work done the 45? I shall give you a clue, it won't be the partners. It will be the remaining employees who in due course will themselves be culled if they do not make an impossible sum next year. The moral seems to be, if you're in a gold mine keep digging.