Brilliant, they must need the extra 200,000 or 1.5million a year to pay for energy.
Fuck my life. This Tory government under Truss is going to be worse isn’t it? Absolutely steller fucking start. No windfall tax to pay for the crisis and now this.
In other news, ‘out of touch’ has a new definition in the dictionary – it’s now known simply as ‘this government’.
No guys, you see, this wealth will trickle down from the top bankers and us poors will benefit MORE than these bosses. What a great and amazing step to help tackle the cost of living crisis! /s
Time to put your fingers in your mouth for the “bankers”
They know they have a finite amount of time left in government, so it’s time to just.. do all the shit they want to do while they still can.
Maybe we should just burn it all down,start again… because this is proper shite
Nice. Maybe this new Tory government isn’t just a bunch of self-serving bastards focussed on helping the rich get richer at everyone else’s expense.
>Kwasi Kwarteng considers scrapping bankers’ bonus cap to boost City
Never mind.
This is the most Tory thing a Tory has done in atleast a week.
I can’t wait for the hunger games to start.
Keep this shit coming, I already get the feeling we are in the “let them eat cake” phase of society. Just fuels the dissent even further
And the rich get richer.
Any chance of increasing the additional rate of tax?
The people who voted for these guys with a 80 seat majority need their heads examined. I hope you are enjoying your poor lives
Really tackling the high priorities then. That 100% cap must truly be terrible
I think it’s politically is a stupid call to do it as people are passed off with bankers and bosses as it is.
Glad to see the new cabinet prioritising the common person in such testing times.
Ok so that will boost the income of bankers in that 1 square mile of London.
What is it going to do for the rest of the country
A few months before Cameron became PM after Brown, my college teacher at the time said:
“Never, ever vote for the Tories. I’ve lived through it and you haven’t.”
How right he was. I can only imagine the people in the class that probably feel like mugs for voting for them.
In the article it states banks are annoyed at the bonuses being capped because it forces them to pay a higher base rate.
So essentially they want to pay their workers less and have it bonus incentivised instead.
How the hell does letting bankers have uncapped bonuses boost the city’s economy?
This why we left the EU, deregulate the banks and carry on as the corruption capital.
Trickle down economics doesn’t work. Trickle down economics doesn’t work. Trickle down economics doesn’t work. Trickle down economics doesn’t work.
We still haven’t got back the money we used to bail them out. No the tax payer had to front up for that. And now they are doing well we want to ease restrictions on their bonuses. Absolutely pathetic. The tories care about one group of people only and it’s not the tax payer.
Of course this won’t in anyway fuel inflation, unlike any form of public sector pay rise
Much easier to do this sort of thing when you’ve sacked your HM Treasury Permanent Secretary.
The reason the city is suffering issues is the loss of reduced access to the european financial markets.
I cannot imagine removing the cap is going to have any meaningful effect on the problems the uk financial sector faces.
Also, increasing, essentially wages, is that not a No No as it will increase inflation or does this only apply to people who cannot afford to live on their current salaries.
He should be concentrating on diversifying the UK economy and the undoubted issues of wealth inequality in the UK instead of focusing on the past.
same old, and I mean old attitudes and ideas, from the conservative party.
Oh no, what about increased income causing inflation? Oh that only applied to the little people.
What gets me the most is the smug look on the little fucker. This is the face of a man who takes an immense, borderline sexual pleasure in fucking you over
Ah yes, it’s the Bankers thatn need more money and resources allocated to them
Leveling up only exists for bankers and the party’s donors.
Red wall tories waiting to be pissed on from bankers and to feel the trickle down wealth they’ve been waiting 40-50 years for
Stupidest mofos around
But giving a nurse a few quid payrise will cause inflation..
What do these bankers do that would justify this money aside from gamble our futures away and live lives of utterly excessive greed? Especially after 2008 and literally nobody facing consequences for what they all did. It’s completely unjustifiable.
Out of touch doesn’t even begin to describe it. 🤦♂️
And the next election is still two years away.
I read “scrapping bankers’ bonus” and got a little excited until I read the rest. What a fucking moron
I’ll say it before and I’ll say it again – people like Liz Truss would view Rapture from bioshock as a success story to be emulated
Nothing to do with boosting the city.
Everything to do with lobbying. The best government money can buy.
This comes after he sacked the permanent secretary to the treasury, the highest ranked civil servant in the department:
This looks like a start to siphon more and more money from the tax payer to Tory donors and friends.
They’re really going all in for the steal as much as you can, wreck every good thing the UK has implemented, transfer as much wealth as possible upwards, burn down the institution around you as possible, aren’t they?
Who the heck votes for this disaster of a party? All I see on online forums and news interviews is people frustrated, angry, and fed up of the Tories (and rightly so). Then how have they managed to get re-elected for 12 years and counting?!
Yup, the real problem with our economy right now is that bankers can only earn DOUBLE their base salary as a bonus. /s
39 comments
Brilliant, they must need the extra 200,000 or 1.5million a year to pay for energy.
Fuck my life. This Tory government under Truss is going to be worse isn’t it? Absolutely steller fucking start. No windfall tax to pay for the crisis and now this.
In other news, ‘out of touch’ has a new definition in the dictionary – it’s now known simply as ‘this government’.
No guys, you see, this wealth will trickle down from the top bankers and us poors will benefit MORE than these bosses. What a great and amazing step to help tackle the cost of living crisis! /s
Time to put your fingers in your mouth for the “bankers”
They know they have a finite amount of time left in government, so it’s time to just.. do all the shit they want to do while they still can.
Maybe we should just burn it all down,start again… because this is proper shite
>Kwasi Kwarteng considers scrapping
Interesting…
>Kwasi Kwarteng considers scrapping bankers
Maybe a bit radical, but go on…
>Kwasi Kwarteng considers scrapping bankers’ bonus
Nice. Maybe this new Tory government isn’t just a bunch of self-serving bastards focussed on helping the rich get richer at everyone else’s expense.
>Kwasi Kwarteng considers scrapping bankers’ bonus cap to boost City
Never mind.
This is the most Tory thing a Tory has done in atleast a week.
I can’t wait for the hunger games to start.
Keep this shit coming, I already get the feeling we are in the “let them eat cake” phase of society. Just fuels the dissent even further
And the rich get richer.
Any chance of increasing the additional rate of tax?
The people who voted for these guys with a 80 seat majority need their heads examined. I hope you are enjoying your poor lives
Really tackling the high priorities then. That 100% cap must truly be terrible
I think it’s politically is a stupid call to do it as people are passed off with bankers and bosses as it is.
Glad to see the new cabinet prioritising the common person in such testing times.
Ok so that will boost the income of bankers in that 1 square mile of London.
What is it going to do for the rest of the country
A few months before Cameron became PM after Brown, my college teacher at the time said:
“Never, ever vote for the Tories. I’ve lived through it and you haven’t.”
How right he was. I can only imagine the people in the class that probably feel like mugs for voting for them.
In the article it states banks are annoyed at the bonuses being capped because it forces them to pay a higher base rate.
So essentially they want to pay their workers less and have it bonus incentivised instead.
How the hell does letting bankers have uncapped bonuses boost the city’s economy?
This why we left the EU, deregulate the banks and carry on as the corruption capital.
Trickle down economics doesn’t work. Trickle down economics doesn’t work. Trickle down economics doesn’t work. Trickle down economics doesn’t work.
We still haven’t got back the money we used to bail them out. No the tax payer had to front up for that. And now they are doing well we want to ease restrictions on their bonuses. Absolutely pathetic. The tories care about one group of people only and it’s not the tax payer.
Of course this won’t in anyway fuel inflation, unlike any form of public sector pay rise
Much easier to do this sort of thing when you’ve sacked your HM Treasury Permanent Secretary.
The reason the city is suffering issues is the loss of reduced access to the european financial markets.
I cannot imagine removing the cap is going to have any meaningful effect on the problems the uk financial sector faces.
Also, increasing, essentially wages, is that not a No No as it will increase inflation or does this only apply to people who cannot afford to live on their current salaries.
He should be concentrating on diversifying the UK economy and the undoubted issues of wealth inequality in the UK instead of focusing on the past.
same old, and I mean old attitudes and ideas, from the conservative party.
Oh no, what about increased income causing inflation? Oh that only applied to the little people.
What gets me the most is the smug look on the little fucker. This is the face of a man who takes an immense, borderline sexual pleasure in fucking you over
Ah yes, it’s the Bankers thatn need more money and resources allocated to them
Leveling up only exists for bankers and the party’s donors.
Red wall tories waiting to be pissed on from bankers and to feel the trickle down wealth they’ve been waiting 40-50 years for
Stupidest mofos around
But giving a nurse a few quid payrise will cause inflation..
What do these bankers do that would justify this money aside from gamble our futures away and live lives of utterly excessive greed? Especially after 2008 and literally nobody facing consequences for what they all did. It’s completely unjustifiable.
Out of touch doesn’t even begin to describe it. 🤦♂️
And the next election is still two years away.
I read “scrapping bankers’ bonus” and got a little excited until I read the rest. What a fucking moron
I’ll say it before and I’ll say it again – people like Liz Truss would view Rapture from bioshock as a success story to be emulated
Nothing to do with boosting the city.
Everything to do with lobbying. The best government money can buy.
This comes after he sacked the permanent secretary to the treasury, the highest ranked civil servant in the department:
https://www.telegraph.co.uk/politics/2022/09/08/kwasi-kwarteng-sacks-senior-civil-servant-treasury/
This looks like a start to siphon more and more money from the tax payer to Tory donors and friends.
They’re really going all in for the steal as much as you can, wreck every good thing the UK has implemented, transfer as much wealth as possible upwards, burn down the institution around you as possible, aren’t they?
Who the heck votes for this disaster of a party? All I see on online forums and news interviews is people frustrated, angry, and fed up of the Tories (and rightly so). Then how have they managed to get re-elected for 12 years and counting?!
Yup, the real problem with our economy right now is that bankers can only earn DOUBLE their base salary as a bonus. /s