UK financial sector workers could still be bound by the European Union cap on bonuses following negotiations , after a Whitehall committee refused to commit to retaining the scheme . Mark Carney, the governor of the bank of England, suggested in November that it was an area where the UK could deviate from the EU after Brexit. UK Chancellor of the Exchequer Philip Hammond is yet to lay out his post - Brexit plans for the UK , including the UK 's divergence from EU financial rules . However , insiders have said retaining the banking bonus cap , imposed by Hammond , is likely to affect senior figures in the industry .
UK financial sector workers could still be bound by the European Union cap on bonuses following negotiations , after a Whitehall committee refused to commit to retaining the scheme . UK Chancellor of the Exchequer Philip Hammond is yet to lay out his post - Brexit plans for the UK , including the UK 's divergence from EU financial rules . However , insiders have said retaining the banking bonus cap , imposed by Hammond , is likely to affect senior figures in the industry .