Shadow chancellor George Osborne has called for emergency action to ban banks from paying big cash bonuses and force them to lend the money to hard-pressed firms and families instead.
Full Article at Mirror.co.uk
Emergency moves to stop the retail banks paying out cash bonuses and instead to divert the money on to balance sheets to support new lending will be demanded by the Conservative leadership today.
Full Article at Times Online
The shadow chancellor will urge banks to adopt a responsible bonus culture Photo: GETTY George Osborne, the shadow chancellor, will urge the Treasury to adopt the emergency measures to stop City Christmas bonuses spiralling out of control.
Full Article at The Telegraph
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