The European Bankers Association has very helpfully published earlier this month some statistics which illustrate all too clearly the excesses of the UK banking class. Despite costing the UK taxpayers £68bn in direct bailouts plus a further £1.2 trillion in UK indebtedness, these 2,400 bankers got at least £833,000 a year, and are probably getting rather more now. Altogether there were 3,166 bankers at this level in the 9 biggest EU countries, in other words as many as 77% of them were in Britain. For comparison’s sake Germany had 170, France 162, Spain 125, Italy 96, Netherlands 36, Denmark 33, Ireland 21 and Sweden 15. One might wonder why there were 14 times more € millionaire bankers in the UK than in Germany or 15 times more than in France. Thanks for this Michael Meacher.
Posted on: Thu, 25 Jul 2013 09:42:48 +0000
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