A cold snap is gripping the UK with temperatures plunging as low as -20C overnight, causing snow and ice warnings across the country. An amber warning for snow is in place in the South West, with flood warnings and health alerts issued due to the freezing conditions. Heavy snowfall has led to road closures and travel disruptions in parts of England, Wales, and Scotland, with temperatures dropping below freezing in many areas.
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Bonuses surge for top traders at EU investment firms after cap is lifted
Bonuses at EU specialist investment firms have surged since they were exempted from the bloc's bonus cap rules, with average bonuses for key staff reaching €1.5mn in 2022 and €1.15mn in 2023, exceeding six times their fixed pay. The European Banking Authority (EBA) highlighted a gender pay gap, noting women earned 24.5% less than men at deposit-taking banks and 32% less at investment firms, with calls for better analysis and action to address this disparity....
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