raising VAT, cutting services etc etc, yet it is reported that bankers will probably, in total get up to 6 billion pounds in bonuses this year??
As the country bailed out the banks in the first place, why are they not paying us (ie the Government) back first?
The Country is heavily in debt, after recent anti-recession measures by the Government. This has to be paid for; by guess who? The public! The Banks do need to be healthy for the country to recover. Fat Cat bonuses are supposed to be restricted, but that's another story.......
In a way, the bankers will be paying back the Government in their own way... through the payment of higher rate PAYE.
But, the banks main priorty (being "pubicly owned" rather than a "state owned") is to it's employees and shareholders. As long as they keep up with the repayments that our Government (hopefully) gave them, the Government will not be chasing for more as they sold shares, not given a loan.
Wars and bonuses don't come cheap and they need their expenses money in-case they go hungry, bless.