Bankers' Bonuses And Salary Increases

EDM number 1227 in 2010-12, proposed by John McDonnell on 20/12/2010.
Categorised under the topics of Financial institutions and Pay.

That this House considers that large scale bonuses for bankers and/or the use of the device of converting these bonuses into sizeable salary increases will be viewed by the British people, whose taxes were used to bail out the banking system, as obscene and unacceptable; and therefore calls on the Government to introduce immediately a windfall tax on these bonuses and untoward salary increases.

This motion has been signed by a total of 35 MPs.