BUSINESSTHE GUARDIAN WORLD
Barclays increases bonus pool by nearly 30% as calls grow for UK bank tax
Barclays increased its banker bonus pool by nearly 30% to £1.3bn for the first half of the year, following a £3.3bn second-quarter profit surge. The TUC leader criticized the bank's 'bonanza' profits, arguing it can afford higher taxes to fund Andy Burnham’s spending plans.
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- Barclays hopes to boost UK economy with enlightened self-interest
- Reinstate windfall tax on banks after surge in profits, TUC urges
- Key Burnham adviser pushes back at union call for bank tax rise
- Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row
- Burnham's new strategy chief backed 'highly popular' wealth tax to rake in £24billion from wealthiest Brits