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Finance Sector Salaries

EDM number 447 in 2008-09, proposed by Lindsay Roy on 14/01/2009.
Categorised under the topics of Financial institutions and Pay.

That this House believes that the finance sector can make a contribution to economic recovery by displaying responsibility in levels of salary and bonus awards; notes with concern reports of large severance payments for departing directors of banks; condemns excessive payments to senior staff whose efforts have contributed to the economic downturn; notes with concern the salary offered by Lloyds TSB to the former Chief Executive of HBOS; accepts that the need for commercial independence in the finance sector can only be guaranteed if responsibility is obvious at boardroom level; and notes that the price of irresponsibility in the finance sector may be further government regulation.

This motion has been signed by a total of 45 MPs.

MPDateConstituencyPartyType
Lindsay Roy14/01/2009GlenrothesLabourProposed
Jim McGovern14/01/2009Dundee WestLabourSeconded
Betty Williams14/01/2009ConwyLabourSeconded
Willie Rennie14/01/2009Dunfermline and West FifeLiberal DemocratSeconded
Jim Devine14/01/2009LivingstonLabourSeconded
Mark Fisher14/01/2009Stoke-on-Trent CentralLabourSeconded
Lynne Jones15/01/2009Birmingham, Selly OakLabourSigned
Jeremy Corbyn15/01/2009Islington NorthLabourSigned
Ann Cryer15/01/2009KeighleyLabourSigned
Andrew Dismore15/01/2009HendonLabourSigned
David Drew15/01/2009StroudLabourSigned
David Borrow15/01/2009South RibbleLabourSigned
David Taylor15/01/2009North West LeicestershireLabourSigned
Bob Spink19/01/2009Castle PointIndependentSigned
Robert Wareing19/01/2009Liverpool, West DerbyIndependentSigned
Mike Hancock19/01/2009Portsmouth SouthLiberal DemocratSigned
Kelvin Hopkins19/01/2009Luton NorthLabourSigned
Ken Purchase20/01/2009Wolverhampton North EastLabourSigned
Martin Caton20/01/2009GowerLabourSigned
Gordon Banks20/01/2009Ochil and South PerthshireLabourSigned
Anne Begg21/01/2009Aberdeen SouthLabourSigned
Mark Durkan21/01/2009FoyleSocial Democratic and Labour PartySigned
Gregory Campbell21/01/2009East LondonderryDUPSigned
William McCrea21/01/2009South AntrimDUPSigned
Alan Simpson21/01/2009Nottingham SouthLabourSigned
Frank Cook21/01/2009Stockton NorthLabourSigned
Jim Sheridan22/01/2009Paisley and Renfrewshire NorthLabourSigned
Sandra Osborne22/01/2009Ayr, Carrick and CumnockLabourSigned
David Hamilton22/01/2009MidlothianLabourSigned
Rudi Vis22/01/2009Finchley and Golders GreenLabourSigned
Alasdair McDonnell26/01/2009Belfast SouthSocial Democratic and Labour PartySigned
Bill Etherington26/01/2009Sunderland NorthLabourSigned
Adrian Bailey26/01/2009West Bromwich WestLabourSigned
Brian Jenkins27/01/2009TamworthLabourSigned
Gordon Prentice28/01/2009PendleLabourSigned
Janet Dean28/01/2009BurtonLabourSigned
Clare Short28/01/2009Birmingham, LadywoodIndependent LabourSigned
Claire Curtis-Thomas03/02/2009CrosbyLabourSigned
Roger Godsiff03/02/2009Birmingham, Sparkbrook and Small HeathLabourSigned
David Crausby09/02/2009Bolton North EastLabourSigned
Eric Illsley23/02/2009Barnsley CentralLabourSigned
John McDonnell27/02/2009Hayes and HarlingtonLabourSigned
Nigel Dodds03/03/2009Belfast NorthDUPSigned
Julie Morgan12/03/2009Cardiff NorthLabourSigned
Iris Robinson16/03/2009StrangfordDUPSigned

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