Bank Pay

EDM number 1931 in 2010-12, proposed by John Mann on 15/06/2011.
Categorised under the topics of Financial institutions and Pay.

That this House notes that salaries in the top 15 banks have risen by 36 per cent. in the last year, according to a survey conducted for the Financial Times; further notes that this is seven times the rate of inflation; also notes that the average earnings increase in the UK pay was 1.8 per cent. or one third of the rate of inflation; and calls on the banks to show a genuine period of remorse, apology and restraint.

This motion has been signed by a total of 24 MPs.