Bankers could loses bonuses after six years

Sarah Coles
Updated
A British banker sat at a desk holding a money bag and adding a pound coin to a stack of coins.
A British banker sat at a desk holding a money bag and adding a pound coin to a stack of coins.

Bankers might be forced to put the champagne on hold during bonus season, because the Bank of England is pushing for tougher rules that will mean that if the banker has done something wrong - or made a major mistake - their bonus can be clawed back from them - up to six years after they received the payout.

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