greed
Tories fail to shine a light on City pay
This week ahas exposed yet another example of the Tories talking tough but doing nothing when it comes to reforming the financial system and taking action on bankers’ pay.
Will the government drop bankers’ pay legislation?
The Labour government in response to the public outrage on bankers' pay promised to increase transparency by introducing legislation that would force banks to reveal the pay of their top earners. It wouldn’t name and shame but it would, for example, show how many people were earning more than £1 million or more than £10 million in any one bank.
Public sector fat cats come under fire
37 council chief executives in England received average payoffs of more than £250,000 each in the 33 months to last September, the Audit Commission has found.