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Bankers bonus cap could be scrapped to boost City
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Chancellor Kwasi Kwarteng is pushing to axe the cap on banker bonuses in his latest stride towards a 'Big Bang 2.0' for the City, according to reports.
The new chancellor told City executives in meetings last week about his desire to be "decisive and do things differently" and help London win more top talent, the Financial Timesreports,
A...
Read more on fnlondon.comAbout this in other media
Kwasi Kwarteng set for crisis meeting with bankers after pound plunges theguardian.com /2 years ago
Bank of England’s wait-and-see approach unlikely to calm nerves theguardian.com /2 years ago
City sceptical about benefits of scrapping cap on banker bonuses theguardian.com /2 years ago
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