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City of London

UK Weighs Dropping Curbs on Executive Pay to Lure Firms

The UK government is studying plans to relax restrictions on executives’ remuneration to make the City of London more appealing to businesses post-Brexit.

The move was first reported by the I paper, which cited a letter from Boris Johnson’s chief of staff to Chancellor of the Exchequer Rishi Sunak that outlined “deregulatory measures.”