Left Unity response to RBS bonuses

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Responding to the news of £576 million in bonuses at RBS today, Salman Shaheen of Left Unity said:

Society continues to pay for the reckless behaviour of the banks while their top staff are rewarded in figures unimaginable to almost everyone. It’s time we made banks work for the good of society.

Our European neighbours have the right idea. We too should bring in a financial transaction tax to constrain risky behaviour and raise billions to tackle poverty. But neither the Tories nor Labour will consider it as they are too wedded to the City.”

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