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European Union lawmakers are expected to agree on Wednesday to bar bankers in Europe from getting bonuses bigger than their salary, introducing the first cap of its kind globally.

One of the most ambitious reforms of the financial crisis, the cap is designed to address public anger at a bonus-driven culture many European politicians believe encouraged the risk-taking that pulled down banks and governments.

It is set to be introduced from next year despite the objections of Britain. While some token concessions are possible to show goodwill towards the bloc’s financial hub of London, the decision on a cap will not be reversed.