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.
Sunak’s decision to scrap the cap on bankers’ bonuses was condemned by the Labour Party.
Research shows that the gap is often more pronounced in smaller companies
The chancellor George Osborne has spent over £43,000 of taxpayers’ money defending bankers’ bonuses, according to new figures.
The UK government’s challenge to the European Union’s cap on bankers’ bonuses has been throw out by the advocate general.
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.