What is the banker bonus cap and could scrapping it boost growth?
by Kalyeena Makortoff Banking correspondent from Economics | The Guardian on (#63P01)
Chancellor may lift EU-era restriction in hope of making UK more attractive to financial sector
The focus is back on banker pay after it emerged that the chancellor, Kwasi Kwarteng, is considering scrapping the City bonus cap as part of the government's wider pro-growth agenda.
What is the banker bonus cap?
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