"Britain's Banks Brace for Paltry 'Brexit Dividend' as Bonus Freedom Fades"

Banks in Britain may be allowed to award larger bonuses starting from January, as the country seeks to ease post-Brexit rules. However, top bankers are hesitant to exchange fixed salaries for uncertain rewards, potentially limiting the impact of the bonus increase. The removal of the bonus cap is aimed at attracting more high-level bankers to Britain and boosting London's status as an international financial hub. Nevertheless, experts suggest that the shift back to high bonuses and low base salaries is unlikely, given the current economic climate and public sentiment. The EU's response to the scrapping of restrictions remains unclear, and it is uncertain whether EU banks in Britain would still be bound by the cap.