EU rejects Osborne’s bank bonus cap challenge
The UK government’s challenge to the European Union’s cap on bankers’ bonuses has been throw out by the advocate general.
The UK government’s challenge to the European Union’s cap on bankers’ bonuses has been throw out by the advocate general.
Carl Packman examines Respublica’s new report on civic finance and the commercial potential of Community Development Finance Institutions.
In 2010 and 2011, just 2,500 top bankers earned enough in bonuses to bring all 750,000 Londoners currently on poverty wages up to a living wage.
The key is convincing voters that Miliband has the a better solution than George Osborne without creating a rod for his own back by claiming that he can completely ‘fix’ the economy.