Darling warns banks over bonuses
Chancellor Alistair Darling has warned banks that the government will "not be held to ransom" over bonuses.He played down reports he will hit bankers with a windfall tax on bonuses in Wednesday's pre-Budget report.
He later told The JT: " I want to make it quite clear that if the banks don't make substantial changes to the current bonus culture, then I won't hesitate to warn them again."
A senior source in the banking industry said: " We fully understand why the Chancellor has instituted a rigorous regime of warning us periodically about the bonus culture and we fully intend to carry on as usual."
No comments:
Post a Comment