Goldman Sachs scraps bonus cap for top London-based staff

Goldman Sachs is removing a cap on bonuses for London-based staff, paving the way for it to resume making multimillion pound payouts to its best-performing traders and dealmakers.Sky News can exclusively reveal that the Wall Street banking giant notified its UK employees on Thursday that it had decided to abolish the existing pay ratio imposed under European Union rules and which the government recently decided to scrap. Money latest: Seven tips for getting an upgrade on a planeIn a video message to staff, ...