Bankers can earn unlimited bonuses again from today, following a change to rules brought in following the financial crisis prompting a warning from the TUC that removing the cap will bring back a "greed is good" culture.
Britain’s financial regulators have confirmed that the cap on bankers’ bonuses will be scrapped from next week as part of a post-Brexit bid to boost the attractiveness of the City of London.
The first annual reports to cover new Financial Conduct Authority (FCA) diversity and inclusion (D&I) reporting requirements must hit targets or contain clear and meaningful explanation' of why targets were missed.