3 November 2009
fast news
Every million helps (2): SHOWING ALL the sensitivity of a large pair of hobnail boots, Royal Mail boss Adam Crozier pocketed nearly £1 million in pay and bonuses for 2008/09...
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21 October 2009
Laughing all the way to the bank
US BANK Goldman Sachs is on track to pay $22 billion in salaries and bonuses this year, an average of $700,000 for each of its 31,700 employees, writes John Sharpe.
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16 September 2009
National Greed
Workers from Newcastle's National Grid office walked out on 11 September in protest at the threat of their jobs being outsourced to a low wage economy, writes Elaine Brunskill.
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Waltham Forest Socialist Party campaign on bankers' bonuses and bailout, photo by Senan |
11 August 2009
Jobs & services - not bankers' bonuses!
Less than a year after bringing the global economy to its knees, shameless city bankers are to receive a staggering £4 billion in bonuses. These vultures, who had pledged to end the bonus culture, are now lining up for massive pay-outs,
writes Elaine Brunskill.
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31 March 2009
Bail out workers, not Wall Street!
THERE HAS been a tidal wave of outrage generated by the bonus payments paid to top bankers after their bankrupt corporations were bailed out with public funds...
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15 October 2008
News in brief
Bankers bailed out: EUROPEAN LEADERS are following Brown and Darling's policy of big bank bailouts. The total bailout in Europe could total £1.5 trillion while the US government seems likely to inject another £400 billion...
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14 June 2007
Bosses' bonuses
TELECOMS GIANT Cable and Wireless (C&W) top bosses want to scrap a cap on executive bonuses imposed last year that 'limited' executive extras to £20 million...
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4 January 2007
Super-rich pocket £18 billion
FAMILIES who lost their savings due to the collapse of the company Farepak struggled to have a good Christmas.
At the same time London's top financiers were living it up with bonuses totalling £9,000,000,000 (£9 billion). Across Britain as a whole, the bonuses received by directors were estimated to be double that figure, a staggering £18 billion.
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