Chancellor Kwasi Kwarteng is considering a plan to scrap caps on bankers' bonuses as part of a post-Brexit bid to boost the City's competitiveness and the UK economy, Sky News understands.
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Kwasi Kwarteng
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BrexitThe Chancellor’s decision to axe the cap on bankers’ bonuses has been met with backlash amid fears it will see the return of a..
The new chancellor is considering removing a cap on bankers' bonuses as part of a shake-up of City rules.
BBC Local News: London -- The new chancellor believes removing a cap on bankers' bonuses could boost growth in the City.