Rachel Reeves explains why Labour will not re-instate cap on bankers' bonuses

Rachel Reeves explains why Labour will not re-instate cap on bankers' bonuses

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The shadow chancellor, Rachel Reeves, says Labour would not reinstate a cap on bankers' bonuses, to ensure stability for businesses operating in the UK. Reeves said the former chancellor Kwasi Kwarteng's decision to lift the measure – introduced after the 2008 financial crisis – was the wrong…

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