head of the British Treasury Alistair Darling will try to start a campaign against the payment of premium major UK banks, which he calls the greed and recklessness of the financial system, informs Bloomberg.
The statement by the Minister at the annual conference of the ruling Labor Party's proposal is expected to appropriate legislation, provide for a higher capital requirements for banks and bankers' remuneration policy, which regulators deem too risky. Darling will also meet with the leaders of the four largest banks in the UK and ask them to change the order of compensation staff before the new law.
We intend to introduce legislation that would put an end to the reckless culture of payment that sets short-term profits above long-term success. This will mean the end of banking bonuses for the year - said in a speech of the Minister.
the eve of Prime Minister Gordon Brown said in an interview with BBC News, that the proposed bill will prevent the old system of bonuses. He also promised to enact legislation that would require the future of the UK government to reduce the budget deficit.
These measures are intended to reassure investors about the reliability of state bonds and that the Ministry of Finance serious about reducing the budget deficit of the country, which in 2010 promises to exceed 12% of GDP, the worst performer among the G-20. That forecast prompted the agency Standard Poor's in April of this year to report on the possible lowering of the credit rating of AAA by the British debt.
FGI: Nitrogen-Service has the full right to participate in the privatization of IPF
Forex - in the European session
Course currency basket to the ruble fell by 0,14% and amounted to 36,4 rubles
Among the obvious favorites of the day can be identified VTB shares and Surgutneftegaz
As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 126.73 billion rubles
The acts of NLMK now evident very solid trading volume
The end of the year is expected to increase in oil prices to $ 93 per barrel
In the absence of important statistics on the market of Russia there was listless and inert dynamics of trades
The greatest growth today was led by banking and oil and gas sectors