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Recap bankers bonus rules.

Submitted on Tuesday 18th October 2022

Rejected on Friday 21st October 2022

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Recap bankers bonus rules.

Petition Details

Please replace the bankers bonus cap. In the current climate it is unfair to allow this sector of commerce to be awarded excessively for simply doing their job. ( basically paper profiteering with no product).

Additional Information

To bring bring a sense fairness back to the imbalance of our society.
Make something add value. Do not make profits from others by paper dictation of investments.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We can only accept petitions about things the Government or Parliament are directly responsible for.

Decisions about the cap on bankers' bonuses are a matter for the Prudential Regulation Authority, which is part of the Bank of England and operationally independent of the Government and Parliament.

We could accept a petition calling for legislation to create a new cap on bonuses for people working in the financial sector.

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