Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.Donate to our crowdfunder
To ask the Chancellor of the Exchequer what recent steps his Department has taken to reduce the level of executive remuneration in publicly-owned banks.
The Government have taken robust action to tackle unacceptable bonuses. Following agreement in the Capital Requirements Directive, measures taken include the revised Financial Services Authority (FSA) remuneration code, introduced on
We have made it clear to the banks in which the Government have a stake that they should have a smaller bonus pool than last year and that they should be a back-marker in the industry.