"How about giving workers good wage and security - hungry/deprived workers can't be that productive", Prem Sikka said.
Crispin Odey was ousted from the firm in June after a series of sexual assault and harassment allegations.
The decision will remove the limit on bankers’ annual payouts from the end of October. Current rules limit bonuses to 100 per cent of the salary.
He claimed he was being discriminated against.
Andrew Bailey indicated inflation will return to its recent pattern of slowdowns after the ONS reported a pause at 6.7 per cent for September.
A top German politician has indicated the EU might be open to looking again at post-Brexit relations, telling UK politicians to ‘call us’.
Firms say a single freight train removes the equivalent of around 129 lorries from Britain's roads.
It came as bosses at the finance body said the global economy is ‘limping along’.
The City watchdog said it was made aware of the firm’s plans.