Labour to back bankers’ bonuses: How the Left responded
Rachel Reeves has said she has ‘no intention’ of re-establishing the cap.
Rachel Reeves has said she has ‘no intention’ of re-establishing the cap.
The relationship between bonus increases and profit growth is virtually non-existent.
Capitalism's legitimacy will disintegrate if a tiny elite are allowed to capture the rewards of growth for themselves.
Ulster Bank remains the missing part of the RBS story.
This week’s announcement by HSBC of the extent to which they are circumventing European Union rules limiting bankers’ bonuses provoked more than usual outrage.
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.