Try GOLD - Free
Bankers get bonuses much sooner as rules are relaxed
Daily Express
|October 16, 2025
BANKERS will be able to collect their bonuses much sooner under a relaxation of remuneration rules unveiled by the regulator.
RED TAPE CUT: Sam Woods
Part-payment of the handouts for the most senior figures will be available from year one, rather than year three under previous directives.
The time that senior bankers must wait before receiving their full bonus will be cut from eight to four years.
According to the Prudential Regulatory Authority, the proposals bring the UK more closely in line with many other major jurisdictions.
They will come into force tomorrow, in time for 2025 pay awards and any other awards made but not yet fully paid.
This story is from the October 16, 2025 edition of Daily Express.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily Express
Daily Express
It's beginning to look a little like Christmas
THEY weren't able to go dach-ing through the snow but hundreds of tiny pets still got into the festive spirit at the Hyde Park Sausage Walk.
1 min
December 15, 2025
Daily Express
SKY'S THE LIMIT
Rebuilt City are on track to join legends says Pep
1 mins
December 15, 2025
Daily Express
BELIEVE IN BATTER
McCullum resists changes to top seven with Ashes on line
2 mins
December 15, 2025
Daily Express
Evicted Andrew forced to downsize in Norfolk
ANDREW Mountbatten-Windsor is set to move into a far smaller “temporary” home on the Sandringham estate next year after leaving the 30-room Royal Lodge following his eviction by the King.
1 mins
December 15, 2025
Daily Express
Meghan warned it would be 'too dangerous' to fly to Philippines to see her father
Kidnap and terror risk to royal
2 mins
December 15, 2025
Daily Express
'Our goals will soon Evan out'
ANDONI IRAOLA is not overly concerned by Bournemouth striker Evanilson's goalscoring struggles this season.
1 min
December 15, 2025
Daily Express
Zelensky hints at major shift with West backing security
VOLODYMYR Zelensky has hinted he may ditch Ukraine's longtime quest to join Nato in exchange for security guarantees from the US and its allies.
1 min
December 15, 2025
Daily Express
OUT-OF-LUCK WILL'S STUCK ON REPEAT
WILL VAULKS admits he is in danger of sounding like a broken record after Oxford's latest hard-luck story.
1 mins
December 15, 2025
Daily Express
THE HERO OF BONDI BEACH
As at least 16 people die in a horrific terrorist attack on a Jewish festival, one brave bystander saves 'many lives'
3 mins
December 15, 2025
Daily Express
ALMEIRA HEATED MASSAGE RECLINER
Here’s the one thing that will melt away stress and muscle tension.
1 mins
December 15, 2025
Listen
Translate
Change font size