Saturday, 11 August 2012 07:27 'Bank of England staff have been awarded more than £25million in bonuses since the start of the credit crunch, it emerged yesterday. The payments have been handed out despite the fact that Governor Sir Mervyn King and his top team failed to anticipate the global financial crisis, and did nothing to prevent the Libor interest-rate rigging scandal. Figures yesterday showed that the level of payouts actually increased last year by £200,000 to £4.9million – as Britain returned to recession.'Anger as Bank Staff Get £25 Million Bonuses: Despite Failing to Spot Credit Crunch and Rate Scandals
Sunday, 12 August 2012
Posts
