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Tuesday 19 January 2010

Billy Battles the Bankers


Never one to shy from a choice political statement, folk singer Billy Bragg has threatened to withhold any future tax payments unless the governement stops banks issueing large bonuses to it's employees.

With public outrage over huge 'banker' bonuses capturing the nation's attention over the past year, the artists claim comes at a time when the Royal Bank of Scotland are due to payout £1.5 Billion to investment bankers after previously agreeing to lower deals in the current financial climate.

Bragg states on his facebook page:

'I believe that the government have their priorities wrong', '

"I have written to the Chancellor of the Exchequer, Alistair Darling, to inform him that I am no longer prepared to fund the excessive bonuses of RBS investment bankers. Unless he acts to limit them to £25,000, I shall be withholding my tax payment on January 31."

http://www.facebook.com/pages/Billy-Bragg/44905697470

http://www.facebook.com/group.php?gid=417490570190

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