Gosling's Grouse: The big bonus debate

Once again, Neil Woodford and his eponymous asset management business have stolen the headlines with news the firm is scrapping staff bonuses.

In an industry where bonuses are a fundamental part of not just remuneration but the greasing of the wheels of business, the firm's move rightly attracted a high level of interest. Fund buyers respond to Woodford decision to scrap staff bonuses Opinion seems to be divided - as you would expect - and I find myself unsure how to view the decision. But I guess your attitude to bonuses depends on whether or not it is part of your working culture - and it certainly is for many fund managers. If they are in the bonus camp then ironically they do not find themselves a million miles awa...