Posts Tagged ‘Return’

Chart of the day: The return of the bonus

Panorama’s programme on banks last night helped return to the biggest rip-off of the modern era to the minds of millions of Britons.

Banks took £1,000 trillion of taxpayer support – and then rapidly return to what they do best: treating customers with contempt ['the worst US banks are better than the best British banks']; and paying themselves vast bonuses.

To follow up on journalist Adam Shaw’s BBC programme last night, this chart published by the Office of National Statistics tells you all you need to know about how the Square Mile, which pays a vast chunk of the bonuses in the UK, returned to business as usual.

The light blue line shows how salaries, including bonuses, tumbled towards the end of 2008, when Gordon Brown first reached for the taxpayer chequebook. Bu

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