Unfair Bank Charges And Mis-Sold PPI Aside – They’re Not A Bad Bunch Are They?
It’s ok, don’t worry… they’re gonna be alllllright.
I know you’ve been fretting that those poor bankers might miss out on their bonuses what with the country being economically rogered by their bosses and us having to pick up the counseling bill. But everything’s back to normal now, all the major banks are forcasting that a quarter of all London-based investment bankers will earn average pay packages of £1m each for the past year. Back to normal, just the way it was before the recession, which is… erm… worrying.
Now, you and I may see a problem with this, but it seems the financial industry has had a jolly good year so it’s back-patting time. After getting a nice big wedge from HM Government 12 months ago, the banks have removed all the competitive products from the market, cut back on value for money and hiked up the interest rates. The result of which means that we struggle for a loan or credit card deal that doesn’t involve double digit interest and the bankers get wage packets that start at £100,000 minimum and go well into eye-watering, forehead slapping territory.
And our only hope of preventing another recession is the Queen periodically checking up on the boys in the City. (More forehead slapping).
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