UK bankers attack EU plan to cut their bonuses

2013-02-28 10

EU plans to cap bankers' bonuses have been slammed in London's Canary Wharf, home to many global banks. The provisional deal would see bankers face an automatic cap set at a par with their salaries which could only be raised if the bank's shareholders voted in favour.

But many in the British capital see it as an unfair restriction on their trade.

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