Kevin Schofield is Politics Editor of HuffPost UK.
The Financial Conduct Authority confirmed that the measure - which has been in place since 2014 - will end on October 31.Darren Jones, shadow Treasury secretary, said: “Rishi Sunak is marking his anniversary of becoming prime minister by pushing ahead with Liz Truss’ plan to axe the cap on bankers’ bonuses. When Truss says jump, Sunak says how high.
said: “Anyone who thinks that making bankers even richer will achieve anything positive for the country is utterly deluded. Drew Henry, the SNP’s economy spokesperson said: “These shameful plans lay bare the priorities of Westminster: they care more about filling the pockets of bankers than helping vulnerable households through the cost of living crisis.
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