‘My daughter’s an
investment banker,’ Abby’s mum tells all her friends. ‘She works in
stocks and shares!’
Everyone knows about
the Square Mile. Everyone’s got a child, a friend or a neighbour who
works in the City. The six-figure bonuses and ‘golden hellos’ are no
secret, and nor are the hundred-hour weeks, the high-pressure deals or
the regular rounds of redundancies. It’s a cut-throat world – everyone
knows that.
But do they know what
it’s like for the thousands of fresh-faced young graduates who pour into
the City each year? Do they know what it’s like to get woken up at three
in the morning by a taxi outside your window, ready to haul you back
into the office? What it’s like to feel guilty for sloping off to the
gym at nine o’clock at night? To realise that your PC has become your
closest friend?
Written in a way that
is cynical and entertaining, Golden Handcuffs follows two ‘high-flyers’
through their first year in the City. It is based on the writer’s
experiences at a large American investment bank in London, and reveals a
world that doesn’t quite match up with the fast-paced, exhilarating one
that was painted so enticingly on the undergraduate milk-round.
Synopsis
Abby
and Mike have achieved the impossible. Having spent
the past three years cultivating perfect CVs –
having played, danced, raced and captained their way
to the tops of their respective year groups – they
have landed themselves with graduate jobs at one of
the most prestigious firms in the city: Cray
McKinley.
The
eight thousand-pound ‘golden hellos’ serve as pocket
money for their summer-long stay in New York, where
the graduates get their first taste of the
glamorous, jet-setting lifestyle to come. They’re
bright, they’re ambitious, they’re keen, and they’re
ready to take on the world.
For
Abby at least, it’s not as easy as she’d
anticipated. Try as she might, she just can’t seem
to earn people’s respect. Her feeling of uselessness
is compounded by the fact that wheezing, spluttering
Archie Dickinson assumes her to be his PA, and when
Mike suddenly pops up in her department, Abby feels
even smaller as he soars straight to the top of the
class. There is instant hostility between Abby and
Mike – laced with a conflicting sexual attraction.
The
novelty of free dinners and cab rides home soon
wears off, and Mike finds himself wondering where
the ‘play’ element to this ‘work hard, play hard’
regime comes in. His tiresome routine is punctuated
by angry outbursts from the heart-attack-prone
office bully, Stuart Mackins – a man known for
throwing chairs at junior analysts – and the
occasional trip to a lap-dancing club. It’s
reasonable, he reckons, as lifestyles go, but it’s
certainly not the go-getting one they told him about
when he applied for the job.
The
electricity between Abby and Mike is heightened by
fact that they sit six feet apart in the office, and
are under constant scrutiny from their colleagues.
Mixing business with pleasure is never a good idea
is the advice Mike receives from the other
first-years during a late-night Redbull session.
They’re probably right, of course, but they don’t
know the full story. And being ‘just good friends’
with Abby Turner is proving harder than Mike is
willing to let on.
It’s
only when the young bankers get despatched up to
Cambridge to convince naïve undergraduates of the
fulfilling nature of their work that Abby realises:
the system is a sham. She bought all this bullshit
two years ago, and now she’s feeding it to the next
batch of suckers whose souls and personalities are
about to be siphoned off, just as hers have been.
Of
course, there’s always the option to quit – once the
eight thousand-pound golden handcuffs come off – but
no one would be foolish enough to leave Cray
McKinley after only a year. That would be admitting
defeat, wouldn’t it? And nobody wants to look like a
loser in the City…
Golden
Handcuffs is about ambition, resilience and
shattered dreams. It is about two young people
starting out in the world – a world they are told is
‘their oyster’ – and their gradual realisation of
what it means to sell their souls to the City.