Banks will be hit by a 50 per cent tax on bonus pay-outs, Alistair Darling, the chancellor, said in his pre-Budget report, in a move that will inflame bankers but is likely to be welcomed by the general public.The first £25,000 of bonuses will be ex
A one-off tax on bankers' bonuses is expected to form the centrepiece of Alistair Darling's pre-Budget report - the last before the general election.The chancellor is under pressure to explain how he will meet his pledge to halve the deficit over fo
Tottenham boss Redknapp famously lambasted the striker for a glaring miss last season, suggesting his wife could have scored.
It proved the low point of Bent's difficult two-year spell at White Hart Lane, and relations with the club were not improve
LONDON - Conservatives, tipped to win a general election next year, called on Monday for banks to divert cash from their bosses' bonus packages to loans for hard-up families and businesses. Shadow finance minister George Osborne urged the governmen
Ken Lewis, who intends to retire as Bank of America chief executive at the end of the year, will receive no pay or bonus for 2009, averting a dispute over the matter with K annith Feinberg, the Obama administration’s “pay tsar.However, after his dep
Prime Minister Gordon Brown has told the BBC that he will ban the old bonus system and force banks to act in a more responsible manner.He said that banks had not understood the damage they had done to the economy and that he would be introducing t
Northampton racked up a bonus point by half-time against Leeds as they made it three wins out of four to go top of the Guinness Premiership on Saturday.Leeds took an early lead through a Ceiron Thomas penalty, but Saints went in front through a Shan
LONDON - About 300 staff from Swiss banking giant Credit Suisse stand to receive about 1.8 billion dollars in stock under a bonus scheme introduced about five years ago, a report said Thursday. The bankers and executives are set to cash in on their
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