THE GUARDIAN: As cap is lifted on Tuesday, unions claim Rishi Sunak is following Liz Truss’s footsteps
The Trades Union Congress has accused the Tory government of promoting a “greed is good” culture among bankers, who it said would be able to “cash in on unlimited bonuses” after a cap on payouts was lifted on Tuesday.
The TUC said that while ministers had repeatedly called for pay restraint for most workers, they had been “silent over excess in the City”.
The banker bonus cap was introduced in 2014 to curb risk-taking in the wake of the global financial crisis. Efforts to remove it were first taken by Liz Truss’s short-lived government in September 2022 to boost investment in the City and scrap EU rules after Brexit. » | Kalyeena Makortoff, Banking correspondent | Tuesday, October 31, 2023
WTF! Crumbs for the little people; millions and billions for the big boys, our overlords! What kind of society are these Tories trying to create? Don't they understand that an economy has to work for all? Don't they know that there are thousands of homeless people sleeping rough? Don't they know that there are thousands of families having to go to foodbanks only to be able to put food on the table for their children? Have Tories become so damned heartless? This isn't a question of right- vs left-wing. I was myself raised in a Conservative household, and voted Conservative, too, until that ridiculous Brexit referendum. But Conservatives of yore had a sense of fairplay; they also had a social conscience. These bastards have none! So, this is a question of old-fashioned common decency. Surely to goodness, bankers earn enough already, and get wonderful, big, fat bonuses as things stand. It's a lottery jackpot win each and every month for these lucky people. Now, the out-of-touch, superrich Rishi Sunak wants to give his already superrich chums even more for their champagne and caviar. It is high time that these hideous Tories be kicked out of office and thrown into the long grass! They are well past their use-by/sell-by date. They serve no useful purpose. – © Mark Alexander
