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Replace the cap on bankers' bonuses.

Submitted on Tuesday 31st October 2023

Rejected on Wednesday 8th November 2023

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Replace the cap on bankers' bonuses.

Petition Details

Large bonuses encourage short term investment decisions that can produce bad outcomes for the economy. Reckless behaviour should not be encouraged or rewarded.
Salaries were increased to compensate for lost bonuses, ensuring globally competitive remuneration without the need for bonus restoration.

Additional Information

https://www.bbc.com/news/business-67264647


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition which calls for the same action: petition.parliament.uk/petitions/649868

Have your say on this petition!

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