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It's reported that the Royal Bank of Scotland (RBS), which received £20 billion of taxpayers' money, plans to pay out £1 billion of it in bonuses to bankers and traders.

This from a bank that last year posted losses of £28 billion.

We believe this is morally and economically outrageous and the bonuses should be stopped.

The taxpayer owns 68% of RBS so we are now ALL shareholders.

So as shareholders, we therefore call on the board of RBS to announce that their bankers and traders will receive NO bonus this year.

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Petition sponsor

This campaign is apolitical but has been organised by Go Fourth - the Campaign for a Labour Fourth Term.

However, we encourage everyone, regardless of political views, to join us in signing this petition so we can keep the pressure on RBS.

 

Links

www.gofourth.co.uk

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