Anger over City pay was fuelled when figures showed that workers in the finance and insurance industries pocketed average bonuses of £12,000 in the last financial year.
The average bonuses paid out by the two sectors in the year to April was £1,500 lower than the previous 12 months, according to the Office for National Statistics (ONS).
But they still dwarfed the payouts in the economy as a whole where the average bonus was £1,400.
These City windfalls accounted for 36% of the £37 billion of bonuses across the economy, even though just 4% of total employees work in the finance and insurance industry.
But the gap between City bonuses and those in the rest of the economy has narrowed, the report revealed.
Total bonuses received in the UK rose 3% in the year, with most industries enjoying an average increase, helping push pay-outs in the non-financial sectors close to their pre-recession peaks.