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Ruksana Uddin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bankers bonus cap scrapped allowing return of bumper rewards

Removing the cap on bankers' bonuses could bring back "greed is good" attitudes, warns TUC.

City of londonCity ofUnited kingdomJeremy huntRuksana uddinAnne sammonLucy hookerKwasi kwartengPaul nowakEuropean unionPrudential regulation authorityFinancial conduct authorityUnited kingdom financeRobert halfFinancial conductKingdom finance

TUC warns that removing bankers bonus cap will bring back greed is good culture

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.

United kingdomKwasi kwartengJeremy huntRuksana uddinAnne sammonPaul nowakEuropean unionPrudential regulation authorityFinancial conduct authorityUnited kingdom financeRobert halfFinancial conductKingdom financePinsent masons

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