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Shadow chancellor Rachel Reeves rules out bringing back cap on bankers’ bonuses – UK politics live


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Reeves says she does not have ‘any intention’ of bringing back cap and wants to champion financial services in UK

James Cleverly, the home secretary, is giving evidence to the home affairs committee. It is his first appearance before them since he was appointed in November last year.

He is appearing with Sir Matthew Rycroft, permanent secretary at the Home Office.

Of course Labour needs to build good relations with business but they risk missing how the mood of the country has shifted on business/banks. Among the angriest I have heard people in focus groups is on the lack of a windfall tax and sense some are profiting from other’s misery.

Continue reading…Reeves says she does not have ‘any intention’ of bringing back cap and wants to champion financial services in UKJames Cleverly, the home secretary, is giving evidence to the home affairs committee. It is his first appearance before them since he was appointed in November last year.He is appearing with Sir Matthew Rycroft, permanent secretary at the Home Office.Of course Labour needs to build good relations with business but they risk missing how the mood of the country has shifted on business/banks. Among the angriest I have heard people in focus groups is on the lack of a windfall tax and sense some are profiting from other’s misery. Continue reading…