Barclays has made headlines by becoming the first UK bank to scrap its EU bonus cap. The move comes after the UK's departure from the European Union, allowing banks to set their own rules for executive compensation. This decision has sparked debate among regulators and investors, with some advocating for stricter controls on banker pay.

Source: https://www.ft.com/content/7ff633ad-ecdb-4df6-bf11-d987dc9ace9c