Socialist Worker

£10 billion for the bankers

Issue No. 2214

Boomtime is back for the bankers: they pocketed £10 billion in bonuses last year, official figures reveal.

Their bonuses shot up by 25 percent—£2 billion—on the year before, according to the Office for National Statistics.

Even more champagne will be flowing this year after the top banks announced record profits of £15 billion for the last six months alone.

But these “profits” wouldn’t exist if it wasn’t for the taxpayer-funded bank bailouts.

The bankers have stolen our cash. We should take it back off them and use it to fund public services.

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Tue 10 Aug 2010, 17:16 BST
Issue No. 2214
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