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Proceeding contribution from Lord Sassoon (Conservative) in the House of Lords on Tuesday, 11 January 2011. It occurred during Ministerial statement on Banking: Bonuses.


Banking: Bonuses

My Lords, I am conscious of the time. All I can say is that my right honourable friend the Chancellor has made it completely clear what we are doing today, which is a considerable package of things, one element of which is to talk actively to the banks with the aim of ensuring that the bonuses they will pay this year will be lower than they would otherwise have paid.


Secondary information

Type
Proceeding contribution
Reference
723 c1338 
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