Submitted on Thursday 23rd February 2012
Published on Friday 24th February 2012
Current status: Closed
Closed: Sunday 24th February 2013
Signatures: 37
Bankers bonuses
No bank or financial institution that is part owned by the British tax payer should pay any salary increase above inflation or any bonus at all unless they are operating at a net profit and also meet or exceed all lending targets that may have been set for them.
All bonuses, including for the 2011 financial year, should only be paid for out of net profits and should not be more than 25% of net profits in total. Any bonuses that are paid outside the above criteria should be taxed at 100%.
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