Don't Bet On Darling in Pay Battle with Bankers

Summary

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SO, ALISTAIR Darling wants bankers not to pay themselves big bonuses this side of the election, does he? Adopting his best Dr Finlay bedside manner, the Chancellor has told them that large payouts could become an issue in the run-up to polling and is urging them to exercise self-restraint.

Yes, but why have City earnings become such a hot potato? Is it because politicians, including Darling and his colleagues, have been lining up to condemn them? The latest was Lord Myners, the City minister who occupies an office just along the corridor from Darling in the Treasury.

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Extract

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Don't Bet On Darling in Pay Battle with Bankers

Bankers, said Myners, had failed to...

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