Did Theresa May just declare open season on highly-paid bankers? I think she did.
It’s very pleasant that Stephen Hester of the Royal Bank of Scotland has turned down his bonus of around £1 million, after the Labour Party called for a Parliamentary debate about the subject.
But more bankers’ bonuses have yet to be declared, and could total hundreds of millions of pounds, if not billions.
At the same time, Home Secretary Theresa May has announced pay cuts for the police.
Big boost for the rich; big let-down for law enforcement.
I don’t know about you, but if I was a banker I’d be very worried about all this.
What if members of the criminal fraternity knew I was a banker? And what if they believed I’d be in line for one of these huge bonuses (it won’t matter if I am or not)? Wouldn’t that be, in their eyes, an invitation to break into my house and take whatever they can? After all – I can afford it, right?
And the cops’ noses are bound to have been put so far out of joint that they won’t be interested in sniffing out the culprits.
It’ll be more than their jobs are worth.
Nice one, Theresa. Not only is it open season on bankers, but you just shot yourself in the foot.
Follow me on Twitter: @MidWalesMike
Join the Vox Political Facebook page.
Vox Political needs your help!
This independent blog’s only funding comes from readers’ contributions.
Without YOUR help, we cannot keep going.
You can make a one-off donation here:
Alternatively, you can buy Vox Political books!
The second – Health Warning: Government! is now available
in either print or eBook format here:
The first, Strong Words and Hard Times
is still available in either print or eBook format here: