Bankers bonuses

The Chancellor, George Osborne has launched a legal challenge to the European Union’s cap on bankers’ bonuses, claiming that it will make the financial sector more risky.

Bankers bonuses of several times base salary became the norm for bankers before the financial crisis, and banks have claimed they will be unable to attract and retain top talent if they are forced to pare back variable pay.

Despite challenging the legislation, the Treasury confirmed that Britain would implement the bonus cap while waiting for a ruling from the court. For more information, click here.

Our team of specialist employment law solicitors regularly help senior executives negotiate settlements of their bonus disputes without having to go to Court. Rahman Lowe Solicitors also have significant experience of dealing with bonus related discrimination and equal pay claims.

Our employment lawyers understand the unique environment and pressures of city professionals which means that we can provide clear, commercial advice.

For further information or to speak to our Canary Wharf based employment lawyers, please call 0207 956 8699 or email info@rllaw.co.uk.