Ms Van Rijckeghem and Ms Weder estimate that government wages need to be between 2.8 and 7.4 times the wages paid in manufacturing, depending on the other factors in each country, before corruption would become negligible.

ECONOMIST: Reasons to be venal | The

But the Corporation, which favours a change in the voting system, now wants to give banks and other City firms up to 50 votes each, depending on the size of their premises.

ECONOMIST: Ballots for banks