The Office for Budget Responsibility (OBR) yesterday made it official: high earners delayed their bonuses to take advantage of Cameron’s top rate tax cut.
Tag Archives: bankers’ bonuses
Money laundering, forgery, fraud, corruption – if you do the crime, you do the time. It seems that’s the case everywhere but banking.
This is one conclusion arrived at after a year on the Parliamentary Banking Standards Commission (PBSC) examining the standards and culture of the industry. Why is it an off-shore island seemingly not subject to the normal rules of society?
The 100 best-paid chief executives of British companies were paid £4.3 million each on average last year, an increase of 13 per cent on 2011, research has found.
Despite record fines for everything from mis-selling to Libor rate fixing and even money laundering, it has been another season of bumper bonuses. Yet against this backdrop our chancellor finds himself in Brussels arguing against a plan to rein in excessive bonuses.
Left Foot Forward looks at the pay gap between best paid and worst paid at some of Britain’s best known firms.
As the Finance Bill reaches its final stages in the Commons today, Ed Balls has called on George Osborne to u-turn on bonuses, the 50p cut and the ‘granny tax’.
Ben Fox gives an in-depth analysis of the Independent Commission on Banking interim report on the future of UK banking.
TweetThe long awaited outcome of the government’s “Project Merlin” deal with the banks has been published. Questions are already being asked about the failure of government to get tough on bonuses and the low level of transparency on pay, but perhaps most worrying is the failure to deal with the central question of bank lending […]