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Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Monday, 23 January 2012. It occurred during Opposition day on Youth Unemployment and Bank Bonuses.


Youth Unemployment and Bank Bonuses

I am doing no such thing, because those announcements will be made in due course. I have said that bonuses in the banks that we own will have to be far lower than they were last year. The cash element of bonuses will be limited to £2,000 for all employees, but of course there are other parts to bonuses, too. Returning our country to prosperity has been the founding purpose of the coalition Government, but in our determination to restore growth, we will put fairness at the very heart of our recovery, tackling gross inequity in senior pay and tackling the perils of youth unemployment to ensure that young people's prospects are not blighted as those of too many were in the 1980s.


Secondary information

Type
Proceeding contribution
Reference
539 c103 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Directors Banks Incentives Financial services Pay Managers Young people Taxation Unemployment
Link
View this Proceeding contribution on www.publications.parliament.uk