taxman Posted January 7, 2011 Share Posted January 7, 2011 this isn't about taxing activity though, this is about bonuses, most of which are being paid in shares which appear over a period of several years. the fear is that the handful of individuals who are actually good at banking decamp to another country and the banks would find it difficult to attract and retain new talent unless they did too. If it's only a handful that are any good why are the rest on such a massive whack? What did Fred Goodwin do to deserve nearly a million a year pension for the rest of his life? Link to comment Share on other sites More sharing options...
eastbank Posted January 7, 2011 Share Posted January 7, 2011 I'm going to vote against him so that Clegg, or any other Liberal candidate, doesn't get elected again as my MP. But by then he'll probably have defected to the Tories and be in a safe seat down south to pay him back for his support. he may stay in sheffield and all the tories may get together and divide up their safe seats.... Link to comment Share on other sites More sharing options...
Titanic99 Posted January 7, 2011 Share Posted January 7, 2011 Much has been made on this forum of the reasons for the Lib Dems shunning most of their manifesto. So, they are a minority party. They can't implement most of their ideas. Apparently it also allows them to break pledges at will. Today the entire coalition gets a chance to show the country what to expect. Consider this story: Bankers to pay themselves outrageous levels of bonuses again. and compare it to section 4 of the coalition agreement. Will we finally see Cameron and Clegg keeping their word? I suspect not! It seems that Socialist MP's will get jailed for lying in court to defend themselves, whilst Tory and Libdems Ministers can get away with lying to the electorate at will. Great our politics isn't it. Link to comment Share on other sites More sharing options...
andyofborg Posted January 7, 2011 Share Posted January 7, 2011 I suspect not! It seems that Socialist MP's will get jailed for lying in court to defend themselves, whilst Tory and Libdems Ministers can get away with lying to the electorate at will. Great our politics isn't it. they haven't lied about anything. i seem to recall the last lot claimed to have abolished boom and bust, that wasn't exactly true was it............ Link to comment Share on other sites More sharing options...
Guest sibon Posted January 7, 2011 Share Posted January 7, 2011 they haven't lied about anything. We agree to bring forward detailed proposals for robust action to tackle unacceptable bonuses in the financial services sector; in developing these proposals, we will ensure they are effective in reducing risk. Haven't they? Link to comment Share on other sites More sharing options...
andyofborg Posted January 7, 2011 Share Posted January 7, 2011 Haven't they? they brought forward proposals, its just the banks said "nah" Link to comment Share on other sites More sharing options...
Gordonb Posted January 7, 2011 Share Posted January 7, 2011 Not sure that I ever paid any attention to the naive ramblings of politicians leading upto the election. If anyone actually thought that the libs. cons. or labour had any chance of affecting the bonuses paid by the banks then they need to get on planet Earth. Any legislation introduced to curb bonuses will lose us more in jobs, spending, tax and NI than it gains. Link to comment Share on other sites More sharing options...
Guest sibon Posted January 7, 2011 Share Posted January 7, 2011 they brought forward proposals, its just the banks said "nah" How very robust. Link to comment Share on other sites More sharing options...
Greybeard Posted January 7, 2011 Share Posted January 7, 2011 Why not read Robert Peston's blog ? http://www.bbc.co.uk/blogs/thereporters/robertpeston/ Link to comment Share on other sites More sharing options...
Keith Rich Posted January 8, 2011 Share Posted January 8, 2011 What about Governments that own banks? What about them? Link to comment Share on other sites More sharing options...
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