Scrap the EU bonus cap to boost the UK’s competitiveness
Christopher Snowdon writes in The Spectator
Andy Mayer quoted in BBC economic analysis
Len Shackleton quoted in City AM
Emphasising the importance of The City to the UK’s economic competitiveness, Len was quoted “A continuing cap on bonuses will over time add to the difficulties of international recruitment and undermine the competitiveness of the UK’s financial sector, one of our few clear sources of competitive advantage (and, incidentally, huge amounts of tax revenue)”.
The full article can be read here.