Varadkar against bankers bonuses but hands tied

Taoiseach Leo Varadkar says he is not in favour of a return of bankers’ bonuses, despite admitting he may be powerless to stop their reintroduction in some banks.

Speaking at an event in Dublin, the Taoiseach said he does not want to see a return to such bonuses which were prevalent in the Celtic Tiger’ era.

However, he admits that the Government may be unable to prevent a return of the payments in some banks which are privately owned.