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Royal Bank Of Scotland Bonuses

EDM number 2082 in 2008-09, proposed by Lindsay Hoyle on 19/10/2009.
Categorised under the topics of Financial institutions and Pay.

That this House notes with alarm plans by the Royal Bank of Scotland (RBS) investment banking arm to pay record bonuses of up to £5 million; believes that this is a snub to taxpayers and businesses who are still struggling following the collapse of the banks in the autumn of 2008; recognises that the plans being forwarded by RBS show that the greed culture has not changed within the industry while the causes of the failure in the banking system have not been fully addressed; supports the comments by Lord Myners who is urging all banks to hold onto cash in order to build up reserves, rather than hand out huge bonuses to executives and traders; and calls on UK Financial Investments to oppose the planned bonus payments.

This motion has been signed by a total of 62 MPs.

MPDateConstituencyPartyType
Lindsay Hoyle19/10/2009ChorleyLabourProposed
David Crausby19/10/2009Bolton North EastLabourSeconded
Paul Holmes19/10/2009ChesterfieldLiberal DemocratSeconded
Bob Spink19/10/2009Castle PointIndependentSeconded
Jim Dobbin19/10/2009Heywood and MiddletonLabourSeconded
Nigel Evans19/10/2009Ribble ValleyConservativeSeconded
Ann Winterton20/10/2009CongletonConservativeSigned
Mark Durkan20/10/2009FoyleSocial Democratic and Labour PartySigned
Jeremy Corbyn20/10/2009Islington NorthLabourSigned
Martin Caton20/10/2009GowerLabourSigned
Richard Burden20/10/2009Birmingham, NorthfieldLabourSigned
Alan Meale20/10/2009MansfieldLabourSigned
Iris Robinson20/10/2009StrangfordDUPSigned
Ann Cryer21/10/2009KeighleyLabourSigned
Dai Davies21/10/2009Blaenau GwentIndependentSigned
Linda Riordan21/10/2009HalifaxLabourSigned
Katy Clark21/10/2009North Ayrshire and ArranLabourSigned
Gordon Banks21/10/2009Ochil and South PerthshireLabourSigned
David Anderson21/10/2009BlaydonLabourSigned
Robert Wareing21/10/2009Liverpool, West DerbyIndependentSigned
Desmond Turner21/10/2009Brighton, KemptownLabourSigned
David Taylor21/10/2009North West LeicestershireLabourSigned
Andrew George21/10/2009St IvesLiberal DemocratSigned
Janet Dean21/10/2009BurtonLabourSigned
John Cummings21/10/2009EasingtonLabourSigned
Gregory Campbell21/10/2009East LondonderryDUPSigned
Annette Brooke21/10/2009Mid Dorset and North PooleLiberal DemocratSigned
Laura Moffatt21/10/2009CrawleyLabourSigned
Alan Simpson21/10/2009Nottingham SouthLabourSigned
Roger Williams22/10/2009Brecon and RadnorshireLiberal DemocratSigned
Nigel Dodds22/10/2009Belfast NorthDUPSigned
Paul Flynn22/10/2009Newport WestLabourSigned
Dai Havard26/10/2009Merthyr Tydfil and RhymneyLabourSigned
Kelvin Hopkins26/10/2009Luton NorthLabourSigned
Lynne Jones26/10/2009Birmingham, Selly OakLabourSigned
Malcolm Moss26/10/2009North East CambridgeshireConservativeSigned
Frank Cook26/10/2009Stockton NorthLabourSigned
Roger Godsiff26/10/2009Birmingham, Sparkbrook and Small HeathLabourSigned
Betty Williams26/10/2009ConwyLabourSigned
Mark Williams26/10/2009CeredigionLiberal DemocratSigned
Jim Cousins27/10/2009Newcastle upon Tyne CentralLabourSigned
Derek Wyatt27/10/2009Sittingbourne and SheppeyLabourSigned
Rudi Vis27/10/2009Finchley and Golders GreenLabourSigned
Ian Stewart27/10/2009EcclesLabourSigned
Neil Gerrard27/10/2009WalthamstowLabourSigned
William McCrea27/10/2009South AntrimDUPSigned
Ian McCartney27/10/2009MakerfieldLabourSigned
Brian Jenkins27/10/2009TamworthLabourSigned
Jim Sheridan27/10/2009Paisley and Renfrewshire NorthLabourSigned
Gordon Prentice27/10/2009PendleLabourSigned
John McDonnell27/10/2009Hayes and HarlingtonLabourSigned
Elfyn Llwyd28/10/2009Meirionnydd Nant ConwyPlaid CymruSigned
John Leech28/10/2009Manchester, WithingtonLiberal DemocratSigned
Bill Etherington28/10/2009Sunderland NorthLabourSigned
Stephen Hepburn28/10/2009JarrowLabourSigned
David Simpson28/10/2009Upper BannDUPSigned
John Pugh29/10/2009SouthportLiberal DemocratSigned
Eddie McGrady29/10/2009South DownSocial Democratic and Labour PartySigned
Graham Stringer29/10/2009Manchester, BlackleyLabourSigned
David Hamilton03/11/2009MidlothianLabourSigned
Eric Illsley05/11/2009Barnsley CentralLabourSigned
Jo Swinson09/11/2009East DunbartonshireLiberal DemocratSigned

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