Peter Allen from High Peak writes powerfully about bankers and their bonuses.
As part of our month’s focus on money and debt, this powerful article is written by Peter Allen, one of our candidates from Derbyshire, East Midlands, looking at Banker’s Bonuses in the light of national and international crisis:
With living standards in decline, a million young people unemployed, a crisis in the NHS and social care, and rising levels of poverty and homelessness, whose interests might the government be trying to defend (at public expense) in the European Court ? … why bankers of course!
A few years back, after the financial crash, largely caused by irresponsible behaviour by greedy bankers trying to line their own pockets, all politicians joined in the chorus of popular anger against them. Cameron and co accused Labour (with some justification! ) of allowing bankers bonuses and pay levels to get out of hand.
It was a sentiment that spread across…
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