Good news for City job-losers: it’s your chance to be reborn as useful citizens

‘Like a scene out of Village of the Damned,’ one UBS banker describes the moment of collecting his redundancy envelope. He’s over-dramatising, I’m sure, but let’s not be unsympathetic: in my banking days I found myself on both sides of that life-changing moment, doing the sacking and being sacked, and it’s never painless, even when you’ve got a mass of fellow sackees for company.