SALARIES AND BONUSES IN THE BANKING SECTOR

Early day motion 743, tabled 9 February 2009 by David Taylor (Labour). Signed by 63 members.

That this House notes with concern the desire of state-supported banks to pay large bonuses to senior executives at a time when taxpayers have provided a subsidy to those banks in excess of £37 billion; further notes the regular reports of job losses around the country in sectors less generously supported by taxpayers; and calls on the Government to consider measures to limit banking salaries and bonuses until the British economy reaches stability.

Signatures by party: Labour 37, Liberal Democrat 10, DUP 5, Independent 3, Plaid Cymru 2, Scottish National Party 2, Social Democratic and Labour Party 2, Conservative 1, UUP 1.