Bank group slams call for scrapping of cap on bankers' pay

A group representing bank officials has reacted angrily to a call from the Financial Regulator for the cap on bankers' pay to be scrapped.

Bank group slams call for scrapping of cap on bankers' pay
Tue, 26 Jul, 2011 - 09:46

A group representing bank officials has reacted angrily to a call from the Financial Regulator Matthew Elderfield for the cap on bankers' pay to be scrapped.

Mr Elderfield believes it is "a barrier" to encouraging fresh talent into the banks.

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