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Plans to allow regulators to tear up banker bonus contracts are expected to be unveiled in the Queen's Speech (Danny Lawson)

Bankers could see pay and bonus contracts torn up if they promote undue risk-taking, the Queen said at the opening of parliament.

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Index charts
Market data
5,251.41
-16.29
9,167.60
-69.30
2,685.30
-9.85
10,318.16
-14.28
2,146.04
-10.78
10,435.00
-150.46
1.65
-0.01
1.11
-0.01
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Poll
  1. Which is your favourite insurance character?

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  1. Which is your favourite insurance character?
    1. Aleksandr the meerkat – comparethemarket.com
      63%
    2. Talking phones – Direct Line
      2%
    3. The tenor – Gocompare
      4%
    4. Iggy Pop – Swiftcover
      2%
    5. Ladies in pink – Sheila’s Wheels
      4%
    6. Churchill the dog – Churchill
      19%
    7. The Admiral – Admiral Insurance
      1%
    8. The Elephant – Elephant.co.uk
      1%
    9. Hastings the soldier – Hastings Direct
      1%
    10. Michael Winner - E-sure
      2%
    11. Mystery man in hat - Hiscox
      1%
7449 responses, not scientifically valid, results updated every minute.
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