Robey Warshaw, the boutique that has advised some of the biggest UK takeovers alongside larger rivals, hiked pay for its top dealmakers by nearly 70% as profits rebounded.

The bank, which is a key advisor to the FTSE 100 despite having just a handful of key staff, paid out £30.1m to its three partners in the year to 31 March 2021, according to accounts filed on Companies House.