Darren Jones comments on decision to scrap the cap on bankers’ bonuses

Darren Jones MP, Labour’s Shadow Chief Secretary to the Treasury, commenting on the government’s decision to scrap the cap on bankers’ bonuses, said:

“Rishi Sunak is marking his anniversary of becoming Prime Minister by pushing ahead with Liz Truss’ plan to axe the cap on bankers’ bonuses. When Truss says jump, Sunak says how high.

“At a time when families are struggling with the cost of living and mortgages are rising, this decision tells you everything you need to know about the priorities of this out of touch Conservative government.”