Which? calls for an end to bonus culture

With the publication today of the Walker review of banking governance, Which? personal finance campaigner, Lucy Widenka, says: "The sort of bonus culture that encourages bankers to take huge risks for short-term gain has to end.

"We also need to address the wider problems that a bonus culture that breeds irresponsible behaviour has created - not just at the top end of the banking system, but down to sales driven bonuses which end with consumers being ripped off with products they don't need."