Propose People Bank Bonus

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This topic contains 1 reply, has 2 voices, and was last updated by Profile photo of Tat Ruck Tat Ruck 5 years, 10 months ago.

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  • #2993
    Profile photo of Tat Ruck
    Tat Ruck
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    Hi Stan.  The strangest thing about this – who do the government think will buy these shares?  Certainly not the poorest in society.  For those who missed the news story, some extracts below, and a link here

    BBC news Feb 2011

    “The public could be offered discounted shares in state-owned banks under a “people’s bonus” plan outlined by Tory shadow chancellor George Osborne.

    In a Sunday Times interview, Mr Osborne said the measure would be a reward for the £850bn of public money used to prop up failing financial institutions.

    Young people and those on low incomes would be offered extra discounts.

    Labour called the plan a “silly little gimmick”, while the Liberal Democrats said it was an attempt to buy votes.

    Mr Osborne told the Sunday Times: “The bankers have had their bonuses. We want a people’s bank bonus for the people’s money that was put into these organisations.”

     

    It was expected people would be offered shares worth between a few hundred and few thousand pounds at a discount on the market price, the paper reported.”

  • #1240

    Would you like to buy Cheap Bonus Bank Shares, in a bank that YOU already own ? 

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