Banker Bonuses to Hit [Pounds]2.75bn Despite Pms Pledge On Excess

Summary


GORDON Bro wns pledge to rein in bank bonuses was under scrutiny today after it emerged that the City regulator has no plans for a crackdown despite bankers heading for huge payouts over the next two years.

The Prime Minister promised that the days of irresponsible behaviour and excessive bonuses are over as he unveiled his [pounds]500 billion bank rescue plan this week and said that institutions seeking state help would be required to curb executive pay.

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Banker Bonuses to Hit [Pounds]2.75bn Despite Pms Pledge On Excess

It emerged today, however, tha...

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