Bailed out bankers
With RBS due to shell out a reputed 1.5 billion pounds in bonuses to their employees in the near future, we have seen uproar amongst the country where many people are still reeling from the effects of the recession we currently find ourselves in. Some of these bankers are the same people who many of us believe are responsible for the ‘mess’ the country finds itself in.
What should be the right thing to do, should as some people suggest, encourage these bankers to stay within the UK as they will continue to spend money and support the economy or do we risk losing them to one of the major financial districts around the world. Would it be better purely to let them continue to pay out these bonuses and tax them in the long term and allow them to contribute to attempting to stabilise the country’s economy.
So if you were Prime Minister would you step in and make change, or would you look to reassure the country that its in their long-term best interests ?
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