Saturday, December 11, 2010

Bailed out Irish Bankers get £34 Million in Bonuses

Fury was mounting last night as it emerged that Irish bankers will pocket multi-million pound bonuses after being bailed out by British taxpayers.

The Allied Irish Bank will hand out £34million in bonuses for its executives this month, despite being on the brink of another rescue package.

Britain stumped up £3.2billion to save Ireland from collapse last month as part of a £72.1billion European bail-out.

The handout comes at a time when millions of hard-pressed Britons are struggling with the Government’s austerity measures to reduce its own budget deficit.'


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