Early day motion tabled by primary sponsor John Austin (Labour), on Tuesday, 10 February 2009, in the House of Commons. It is signed by 19 members in total. The primary sponsor has subsequently withdrawn this motion.

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BANK BONUSES

That this House notes with concern the desire of state-supported banks to pay large bonuses to senior executives at a time when taxpayers have provided a subsidy to those banks in excess of £37 billion; further notes the regular reports of job losses around the country in sectors less generously supported by taxpayers; and calls on the Government to consider measures to limit banking salaries and bonuses until the British economy reaches stability.

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Secondary information

Type

Early day motion

Reference

752 

Session

2008-09

Other sponsors

Lindsay Hoyle

Andrew George

Angus Brendan MacNeil

Bob Russell

David Simpson

Subjects

Financial institutions Pay

Link

View this Early day motion on edm.parliament.uk