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Early day motion tabled by primary sponsor Jim Cousins (Labour), on Wednesday, 25 November 2009, in the House of Commons. It is signed by 53 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 British authorities in 2008 and, in addition, a number required public ownership or capital support; further notes the public concern about the contrast between this welfare dependency of the British 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 the bonus pools and dividend payouts in the institutions that receive public support; and believes that this citizen's charge should start in the 2009-10 financial year.


Secondary information

Type
Early day motion
Reference
254 
Session
2009-10
Other sponsors
Frank Dobson
Michael Meacher
John McDonnell
Jon Cruddas
Lord Field of Birkenhead
Subjects
Incentives Financial services Financial institutions Investment income Pay
Link
View this Early day motion on www.parliament.uk