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So, who votes for a government that improves the lives of Bankers, and ensures the excessive profits of energy companies, but needs all the "levelling up" money to pay for the holes in Brexit?

(383 Posts)
Daisymae Thu 15-Sept-22 10:32:23

It demonstrates the government priorities. These are the people who are going to benefit most from Brexit and the bonfire of laws, rules and regulations, employee protection. People fell for it in sufficient numbers too.

henetha Thu 15-Sept-22 10:25:58

In principle, I don't like the idea of removing this cap on bonuses. But I can see the point as we need to attract more banks to invest here.

Pantglas2 Thu 15-Sept-22 10:22:45

Surely we’ll see the answer to this at the next election...

Germanshepherdsmum Thu 15-Sept-22 10:13:26

Those banks with capped bonuses will be at a disadvantage in the employment stakes - and think of how much more money will flow into the Treasury through income tax.

vegansrock Thu 15-Sept-22 10:08:16

We have to compete with the EU too which has higher growth and oops! A cap on bankers bonuses. If this is the main “benefit” of Brexit then I don’t think it’s a vote winner.

Germanshepherdsmum Thu 15-Sept-22 09:59:02

I have already said on another thread that removing the cap on bankers’ bonuses is a good move.

The economy relies heavily on financial services and it’s vital that our banks are able to compete with, for instance, US banks which do not cap bonuses.

Furthermore, the tax paid by recipients of bonuses will be far higher than the banks would have paid had the money been retained.

Iam64 Thu 15-Sept-22 09:57:59

Not me! Not my sisters, adult children/adult grandchildren/friends or my husband.

DaisyAnne Thu 15-Sept-22 09:55:03

Seriously, who does that? Who decided they wanted these things?