Yep a nasty budget for most from today's budget further pay freezes for the public sector, economic growth forecast reduced from 1.2% to 0.6% and more misery ahead. Meanwhile 5 wonder bankers at Barclays pick up £40 million in bonuses. According to a Barclays spokesperson:
"The share releases include deferred shares awarded from previous years’ annual performance bonuses."
I wonder what the wonderful performance bonuses relate to ???? In 2007 the Barclays share price was £8 today it is £3. In 2009 it was £4 and today it is £3. Do they think this is good performance ???? ARE THEY CRAZY or just ripping everyone off ! Enough of this ridiculous NONSENSE please. By the way the £3 share price is only £3 because of the low interest rates and huge government support both directly and indirectly to the Banking system of which Barclays has been a beneficiary. See Daily mail story link and share price below. The share price is 25% lower than it was 10 years ago some performance !
"The share releases include deferred shares awarded from previous years’ annual performance bonuses."
I wonder what the wonderful performance bonuses relate to ???? In 2007 the Barclays share price was £8 today it is £3. In 2009 it was £4 and today it is £3. Do they think this is good performance ???? ARE THEY CRAZY or just ripping everyone off ! Enough of this ridiculous NONSENSE please. By the way the £3 share price is only £3 because of the low interest rates and huge government support both directly and indirectly to the Banking system of which Barclays has been a beneficiary. See Daily mail story link and share price below. The share price is 25% lower than it was 10 years ago some performance !
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