Bob Diamond, head of Barclays investment banking service, whose salary is apparently £250,000 a year has earned £22 million in bonuses and cashed-in share options. Quite a difference. It dwarfed chief executive John Varley's salary and bonus package, which we are not told about by the BBC.
What I'd like to know is this? How much of the Barclays' executives' bonuses was made up from the result of the over-eager sales people at the call centres? Will we ever know? The Barclays site has gone very quiet on the Whistleblower allegations, it seems.
PFI can be good or bad
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There is nothing wrong with private capital financing infrastructure. In
the UK it has worked very well for broadband cables. The Thames tideway
tunnel to ...
6 days ago
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