Latest update: 27/09/2009 

- banking - Bonuses - Gordon Brown - UK


Brown proposes tough new laws on big bank bonuses
By News Wires (text)
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Brown on bank bonuses

I for one wish that Brown would make up his mind what he wants to do regarding bank bonuses, after he has bailed out the majority of UK banks with huge amounts of taxpayers money and then having to borrow yet more money to keep the country running. One moment Brown is against curbing bank bonuses so as to agree with Obama, and then the next moment he is for regulation of banks and their bonuses to agree with Mertel and Sarkozy. It seems that he has at last listened to the voters wishes, perhaps the Labour party's dismal poll positions might have more to do with todays stance!!

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