This website was established while I was a Member of Parliament. The site content is being kept online as a source of information, but all forms / email have been disabled.

4 December 2009

Banks cannot continue to hold the taxpayer at ransom

Commenting on reports that RBS Directors may resign if the Chancellor of the Exchequer were to block  £1.5bn in banker’s bonuses, Edinburgh West MP John Barrett  said:

“I would welcome their resignations, as we cannot continue to have the banks hold the taxpayers at ransom.

“The bankers seem to have a very short memory that it was the tax payer who bailed them out in their time of crisis, saving many of their jobs. 

“As a state run bank, the Government must finally take control and ensure that both its pay and lending practices are in the public interest.”

Banks cannot continue to hold taxpayers to ransom

Banks cannot continue to hold taxpayers to ransom

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This website was established while I was a Member of Parliament. The site content is being kept online as a source of information, but all forms / email have been disabled.