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.


Click here to subscribe to our daily morning email newsletter 'Breakfast in red'

Article information

News
Tue 10 Aug 2010, 17:16 BST
Issue No. 2214
Share this article


Mobile users! Don't forget to add Socialist Worker to your home screen.