Morning Call: Give the bankers their lucre
Why Rachel Reeves not reinstating a cap on City bonuses isn’t all that bad.
Good morning. Will here. After Rachel Reeves finished her speech to Labour’s annual business conference yesterday, she took questions from the press and was asked – twice – about her decision to, as the BBC put it, “U-turn” on capping bankers’ bonuses. This was unfair and inaccurate.
Also today: Anoosh talks to the Labour MP and former cabinet minist…
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