Proceeding contribution from Lord Greaves (Liberal Democrat) in the House of Lords on Tuesday, 11 January 2011. It occurred during Ministerial statement on Banking: Bonuses.
Banking: Bonuses
My Lords, the Independent this morning has some devastating quotes in recent months from the Prime Minister, my right honourable friend the Deputy Prime Minister, the Chancellor and the Business Secretary that can only be taken by ordinary people to mean that large, multimillion pound bonuses would be stopped by the Government. That is the only reasonable interpretation to put on them. Would it be sensible, if senior members of this Government cannot deliver such things, for them not to give the impression that they are going to do so? That is simply a propaganda own goal. Would the Minister also comment on the view from a former Business Secretary that the rich have suffered enough?
Secondary information
- Type
- Proceeding contribution
- Reference
- 723 c1337-8
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Codes of practice Business Banks Bank of England Incentives Financial Services Authority International Monetary Fund Loans Regulation Tax avoidance Taxation Treasury Royal Bank of Scotland Bank levy Independent Commission on Banking
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 19:33:42 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_699188
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