Search

date: 9 December 2009

embargo: For immediate release

Bankers still don't get it, says TUC

Commenting on the tax on bankers' bonuses announced today (Wednesday) in the Pre-Budget Report, and the reaction to the tax in the City, TUC General Secretary Brendan Barber said:

'Bankers still don't get it. They have no divine right to giant bonuses every year. The Chancellor's proposal today is at the modest end of what he could have done, and is only a single one-off tax.

'Bankers would be well advised to stop complaining and spend today instead reading what happened to the boy who cried wolf.'

NOTES TO EDITORS:

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

- Register for the TUC's press extranet: a service exclusive to journalists wanting to access pre-embargo releases and reports from the TUC. Visit www.tuc.org.uk/pressextranet

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 Brenchley T: 020 7467 1337 M: 07900 910624 E: ebrenchley@tuc.org.uk

Press release (200 words) issued 9 Dec 2009