City MEP welcomes EU cap on bankers’ bonuses

LONDON’S Green Party MEP Jean Lambert has welcomed a new cap on bankers’ bonuses across the EU agreed by finance ministers yesterday. Bankers bonuses across the EU will now, subject to MEPs’ agreement next month, be limited to the amount of their annual salary – despite opposition from UK Chancellor of the Exchequer George Osborne. … Continue reading City MEP welcomes EU cap on bankers’ bonuses