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Daily Mirror
Daily Mirror
Politics
Dave Burke

Liz Truss draws up plans to SCRAP bankers' bonus cap in middle of cost of living crisis

Unlimited bonuses for millionaire bankers could once again be permitted as the new Tory government attempts to woo the City.

Chancellor Kwasi Kwarteng, who was one of Liz Truss's first appointments when she became PM last week, is weighing up scrapping a cap on huge bonuses.

At the moment bosses are not allowed to award more than twice an employee's salary.

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