Snouts in the trough

BONUSES paid out to financial sector workers since the start of the 2007 crisis are likely to break through the £100 billion barrier this year, campaigners said today. The revised total from the Robin Hood Tax campaign comes as the big banks gear up to report their 2014 full-year results, triggering fresh bonus payouts and stoking public anger. Today’s report is based on analysis of Office for National Statistics data which shows that bonuses paid out in the financial sector – including insurers – since the start of the crisis in October 2007 have already reached £91bn. By the end of the 2014-15 financial year, this figure is likely to have surpassed the £100bn mark, the campaign noted.