Proceeding contribution from Lord Darling of Roulanish (Labour) in the House of Commons on Wednesday, 9 December 2009. It occurred during Ministerial statement on Pre-Budget Report.
Pre-Budget Report
The figure I mentioned is our estimate of what we will get after behavioural changes in terms of both payment of bonuses and, I suspect, people saying, "Okay, I will take my wage in salary." As I said earlier, the problem is not bonuses in themselves; the problem is when we start paying excessive bonuses or rewarding people for doing things that they really should not do. That is where we get the problems.
Secondary information
- Type
- Proceeding contribution
- Reference
- 502 c386
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Bank services Banks Income tax Financial institutions Fiscal policy Economic situation Economic policy Economic growth Inflation Forecasts Pensions National insurance contributions Public sector net cash requirement Young people Unemployment benefits Tax allowances Taxation Unemployment Retail prices index Economic recession World economy Pre-Budget report 2009
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2025-01-23 21:04:59 +0000
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