Petition · past parliament

Replace the cap on bankers' bonuses.

Rejected 21 signatures

What the petition asks

Large bonuses encourage short term investment decisions that can produce bad outcomes for the economy. Reckless behaviour should not be encouraged or rewarded.
Salaries were increased to compensate for lost bonuses, ensuring globally competitive remuneration without the need for bonus restoration.
https://www.bbc.com/news/business-67264647

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

You may wish to sign this petition which calls for the same action: Create a statutory cap on bonuses for bankers – greed is not good!

Timeline

31 Oct 2023 Petition opened for signatures
8 Nov 2023 Rejected by the Petitions Committee

Key facts

Signatures 21
Status Rejected
Rejected 8 Nov 2023

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Source: the official petition page. Last checked 15 Jul 2026.