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Published 1 year ago

UK's Kwarteng considering end to cap on banker bonuses

Summary by Ground News
Chancellor Kwasi Kwarteng is reportedly considering a plan to scrap caps on bankers' bonuses as part of a post-Brexit bid to boost London's competitiveness. City bosses have long complained about the EU-wide bonus rules which cap bonuses at twice an employee's salary.

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Bias Distribution

  • 44% of the sources lean Left
44% Left

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