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Early day motion tabled by primary sponsor Jim Cousins (Labour), on Tuesday, 27 October 2009, in the House of Commons. It is signed by 44 members in total.


CITIZEN'S CHARGE ON BANK BONUSES AND DIVIDENDS

That this House notes that almost every bank based in the United Kingdom required liquidity and other support from the Government in 2008 and, in addition, a number required public ownership or capital support; further notes public concern about the contrast between the welfare dependency of the UK financial sector and the recent return to big bonus payouts; calls on the Government to introduce a citizen's charge or people's dividend on the growth of bonus pools and dividend payouts in those financial institutions which received public support; and believes that this citizen's charge should start in the 2009-10 financial year.


Secondary information

Type
Early day motion
Reference
2161 
Session
2008-09
Other sponsors
Frank Dobson
Michael Meacher
John McDonnell
Jon Cruddas
Lord Field of Birkenhead
Subjects
Financial institutions
Link
View this Early day motion on www.parliament.uk