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Labour in cap U-turn

Daily Star

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February 01, 2024

RACH NO BANKER BASHER

- TOM HUTCHISON

Labour in cap U-turn

LABOUR won't bring back a cap on bankers' bonuses if it wins the General Election.

Rules limiting payouts to twice their annual salary were introduced by the EU in 2014 to avoid a repeat of the 2008 financial crash.

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