Liberal Democrats plan unilateral approach to bank pay reform

Bankers' bonuses and ongoing attempts to regulate them have returned to the UK political debate this week with the Liberal Democrat policy of restricting banker bonuses paid in cash to an unprecedented low of £2,500 a year.

Lib Dem leader Nick Clegg's commitment to cap "obscene" City bonuses would defer additional compensation arrangements through the redemption of shares given to bankers for five or more years.

"Liberal Democrats will ensure the bonus system can never again encourage banks to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

Sign up here


This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: