Financial Times FT.com

Dash to renegotiate divorce pay-outs

By Megan Murphy

Published: February 9 2009 23:31 | Last updated: February 9 2009 23:31

City workers once used to multi-million-pound pay packets are rushing to re­negotiate divorce settlements they can no longer afford, family lawyers say.

Solicitors specialising in “big money’’ break-ups report a surge in requests to slash maintenance awards for spouses as bankers and traders come to grips with the reality of sharply curtailed income and bonuses.

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