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The Independent UK
The Independent UK
National
By Grinne N. Aodha

Irish government relaxes rules around bankers’ pay and bonuses

PA Wire

The Irish government has approved plans to ease restrictions on pay and bonuses for staff at three banks bailed out by the Irish State.

Rules on bonuses of up to 20,000 euro and around other workers’ benefits at three banks – Bank of Ireland, AIB and Permanent TSB – are to be relaxed after ministers approved the measure brought to Cabinet by Paschal Donohoe.

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