Cap on bankers' bonuses gone - Chancellor confirms

2 years ago 42
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Kwasi Kwarteng said the UK needed global banks to create jobs in London, not in Paris, Frankfurt or New York.

He told the Commons that caps on bankers' bonuses did not lower the total package of money, adding: "We are going to get rid of it."

LIVE: Chancellor cuts income tax and stamp duty in bid to boost growth

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