Nick Clegg warns banks of bonus crackdown

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Nick Clegg warns banks of bonus crackdown

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09-21-2010, 08:54 PM

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Nick Clegg warns banks of bonus crackdown

Deputy Prime Minister, Nick Clegg, has today warned banks over their excessive bonuses, suggesting the coalition Government will take very serious action if they “pay themselves unjustified bonuses”. Speaking to BBC Radio 4′s Today programme, Mr Clegg said: “Clearly, if the banks pay themselves unjustified bonuses, we reserve the right to take very serious action [...]

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