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The Boston Globe

Business

Goldman won’t delay UK bonuses

LONDON — Goldman Sachs decided Tuesday that it would not delay the payment of bonuses to its staff in Britain, a move that would have helped investment bankers and other highly paid employees to benefit from a lower income tax rate.

The decision came as lawmakers criticized banks that were considering paying bonuses later than usual. The top tax rate in Britain is scheduled to drop to 45 percent, from 50 percent, on April 6.

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