UK'S LABOUR TO CRACK DOWN ON FINANCE BONUSES IF IT WINS POWER

THE BRITISH LABOUR PARTY'S SECOND MOST POWERFUL MAN HAS WARNED OF A POSSIBL...

UK'S LABOUR TO CRACK DOWN ON FINANCE BONUSES IF IT WINS POWER FT

"If it continues and the City hasn't learnt its lesson, we will take action, I'll give them that warning now," he told the FT.
"People are offended by bonuses," he said, calling them "a reflection of the grotesque levels of inequality".

LONDON (Reuters) - The British Labour Party’s second most powerful man has warned of a possible ban on financial services companies awarding bonuses under a future Labour government, Saturday’s Financial Times reported....

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