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Banker bonus cap scrapped as Kwarteng reveals ‘growth plan’
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fnlondon.comChancellor Kwasi Kwarteng has confirmed the government will scrap the cap on banker bonuses.
"A strong UK economy has always depended on a strong financial services sector," Kwarteng said in his 23 September 'growth plan' statement. "We need global banks to create jobs here, invest here, pay tax here in London, not in Paris, not in Frankfurt, not in New York."
The...
Read more on fnlondon.comAbout this in other media
Kwasi Kwarteng admits tax plans caused ‘a little turbulence’ theguardian.com /2 years ago
UK’s ‘pro-growth’ government has only made a recession more likely theguardian.com /2 years ago
Liz Truss and Kwasi Kwarteng’s foolish dash for growth is a non-starter theguardian.com /2 years ago
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