Liz Truss defends plan to lift cap on bankers’ bonuses

Controversial: Politics & Govt Politics & Govt: In The News
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This is why they scrapped the Human Rights Act.

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Who has scrapped the HRA?

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Apologies - they haven’t scrapped it yet, but they intend to

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Hi

She did promise major change and this what we are getting.

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Genius. Pay bankers more. Why not remove some of the banking regulations as well? Make the financial sector more profitable by making it more risky and encourage more risky behaviour. That’s the ticket. What could possibly go wrong?

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Kwasi Kwarteng! What a wonderful name.

Can’t say anything else as I haven’t a clue who he is but love his name.

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Kamikaze … trying to make London competitive in the naughty world of banking.

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Many years ago I worked with a bloke who’s name was Kwami Achempong (probably spelt that wrong), I think he was Nigerian but always felt that was a name to be reckoned with too

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He is British but of Ghanaian parents . Very clever .

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Hi

Someone else who went to Eaton, on the extreme right of the Tory Party, a supporter of Owen Patterson, who broke the ministerial code and lied about it and who was forced to resign.

He also criticised the standards people.

We do not want or need another banking crash, which is what deregulation risks.

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@Muddy , aDo you mean its clever to be a British born Ghanaian or
what ?? :grinning_face_with_smiling_eyes::grinning_face_with_smiling_eyes:

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No I mean he is a very clever man got scholarships to everywhere .

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@Muddy , from that link of yours then it could be said that he and his
like are largely responsible for the state of this nation at present ??
National debt is at record levels and all they fink of is bankers bonuses!!
Any good bookmaker could do better ! :worried::worried:

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So what ‘s new ?
As long as the plebs keep voting in a government of old Etonians nothing will change .

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Liz Truss defends plan to lift cap on bankers’ bonuses.

Speaking in New York ahead of a meeting with President Joe Biden, the PM said she was about “delivering for people”.

BBC Political Editor Chris Mason asked Ms Truss whether she was happy to see bankers getting bigger bonuses and for the rich to get richer.

“What I want to see is a growing economy,” Ms Truss said. “If that means taking difficult decisions which are going to help Britain become more competitive, help Britain become more attractive, help more investment flow into our country, yes, I’m absolutely prepared to make those decisions.”

All that from giving bankers bigger bonuses … it’s a miracle … :roll_eyes:

President Biden tweeted earlier that he was “sick and tired” of the theory that cutting taxes for business and the wealthy would see the benefits “trickle down” into the pockets of poorer workers.

Good for Joe … he may be Sleepy but he ain’t Dim … :grin:

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Its obviously not something the rich agree with - they see money, and then find their nearest deepest pocket :roll_eyes:

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It’s an obscenity in a rich country where people can’t afford to heat their home

But that’s what Tory ideology is….obscene…and Truss is a prime example :face_with_symbols_over_mouth:

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It ended well last time, didn’t it? :face_with_symbols_over_mouth:

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Letting the Tories get a chance to do this was one of my big objections to Brexit :face_with_symbols_over_mouth:

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@Omah , Yeah, Joe Biden has surprised me, he believes in taxing profits
same as taxing wages !
He has also said that covid is over in the USA !
No wonder Trump and his cohorts hate him?? :roll_eyes::roll_eyes:

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