Unite’s response to Barclays’ bonuses and profits announcement
15 February 2011
Len McCluskey, Unite general secretary. said: “Barclays decision
to award these mammoth bonuses to its top bankers is shameful.
These bonuses undermine any claim by the government that there is
fair pay in banking. Those at the top of the big banks are paid
more then 100 times the pay of those workers at the lowest level.
These excessive rewards widen the gap between those at the top and
ordinary workers struggling to pay their bills.
“As Barclays reports higher then expected profits why does this
Conservative led coalition government continue to ignore the
devastation the banks have brought to this country and let the
bosses continue to line their pockets with the money they have
robbed from the taxpayer?
"While communities across the country face the closure of their
local swimming baths, medical centres and Sure Start Centres these
bosses continue to enjoy their lavish lifestyles.”
ENDS
For more information contact: Saba Mozakka, Unite press office
on: 07768 693 953
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