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First test for bonus cap challenge

The UK government is due to get an indication on whether its battle to overturn an EU law on bankers' pay is likely to succeed.

Bank of Ireland staff, including those in Northern Ireland, are to receive an above inflation pay rise and a bonus equivalent to 5% of their salary.

The World Bank chief financial officer is giving up part of his bonus after an uproar over cost-cutting measures at the lender.

Word Document, 120kbCategory: 2014 CoC Competition Resources

The UK's objection to the European Union's plans to cap bankers' bonuses is set to be heard in the bloc's highest court on Monday.

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