
Banks and insurers look set to pay out bonuses totalling £100billion since the 2007 financial crisis, according to new data analysis.
Exploration of ONS data by the Robin Hood Tax Campaign group found that bonuses paid out since October 2007 amount to £91billion so far and will surpass the £100billion mark by the end of the 2014-15 financial year.
David Hillman of the Robin Hood Tax campaign, said: “This eye-popping sum is evidence we live in a two-tier Britain where an unreformed financial sector continues to pocket huge rewards while the rest of us are left to clear up their mess.
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