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NEWS: Caps on banker bonuses scrapped to boost business post-Brexit in London

By Elizabeth Hearst for AMLi

Caps on bankers’ bonuses will be scrapped in a bid to attract investment into London’s financial sector to boost growth post-Brexit. 

Announced on Friday by Chancellor Kwasi Kwarteng, proposals have met a lukewarm response, as the country battles the soaring cost of living crisis, reports Reuters.

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