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Commenting on Barclays’ end of year results published today (Tuesday), TUC General Secretary Frances O’Grady said:

Commenting on Barclays’ end of year results published today (Tuesday), TUC General Secretary Frances O’Grady said:

“Most people will find it hard to understand why a bank which has seen a big drop in profits has decided to increase its bonus pool to a whopping £2.4bn.

“So while many at Barclays are today celebrating their bonus bonanza, hard-pressed families still experiencing the financial pain of the recession – a recession caused in part by the reckless actions of the banks – will be struggling to make sense of it all.”

NOTES TO EDITORS:

- The TUC is organising Fair Pay Fortnight from Monday 24 March to Sunday 6 April. It will be a series of events across England and Wales to raise awareness about falling living standards. www.fairpayfortnight.org

- All TUC press releases can be found at www.tuc.org.uk

- Follow the TUC on Twitter: @tucnews

Contacts:

Media enquiries:
Liz Chinchen   T: 020 7467 1248    M: 07778 158175    E: media@tuc.org.uk
Rob Holdsworth    T: 020 7467 1372    M: 07717 531150     E: rholdsworth@tuc.org.uk
Elly Gibson   T: 020 7467 1337    M: 07900 910624     E: egibson@tuc.org.uk

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