date: Monday 9 February 2009
embargo: For immediate release
Commenting on the Government's announcement today (Monday) of a review of bankers' bonuses, TUC General Secretary Brendan Barber said: 'The determination of Britain's bankers to hang on to their bonuses show just how broken down the banking model has become.
'We do not need a review of bonuses, but a root and branch reform of the whole banking sector and the employment of people who do a fair day's work for a fair day's pay, not expect a bonus to get out of bed in the morning.'
NOTES TO EDITORS:
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Liz Chinchen T: 020 7467 1248 M: 07778 158175 E: [email protected]
Rob Holdsworth T: 020 7467 1372 M: 07717 531150 E: [email protected]
Elly Brenchley T: 020 7467 1337 M: 07900 910624 E: [email protected]
Issued: 9 February, 2009