Confirmed: Champagne in Canary Wharf as bankers bonus cap is scrapped

The cap for bankers bonuses’ will be scrapped, Kwasi Kwarteng has confirmed in today’s mini-budget.  The Conservative chancellor made the announcement today, saying the move will help to keep money in London as a financial hub.  He told the commons growth would only come with a “strong financial services sector” and that depended on having [...]