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Banker bonus cap faces axe in post-Brexit drive to cut regulation
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fnlondon.comThe UK government is looking to scrap the cap on banker bonuses, as it eyes a further break with legacy EU rules, the Independentreported.
Chancellor Rishi Sunak should review "deregulatory measures to reduce the overall burden on business", he was told in a private letter from Prime Minister Boris Johnson's chief of staff Steve Barclay, including restrictions on City bosses' pay and perks.
The...
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