After yet another week of multi-million pound bonuses, it's time we admitted that banks are never going to change. It's up to us to make money work better - and here's how This week, the chief executive of Barclays, Antony Jenkins, explained the rationale behind a £200m increase in bonuses at the bank, despite the fact that profits had fallen. There had been resignations at the bank the year before, when bonuses had been cut. He feared a "death spiral". Nobody wants a death spiral. Meanwhile, L...
After yet another week of multi-million pound bonuses, it's time we admitted that banks are never going to change. It's up to us to make money work better - and here's how This week, the chief executive of Barclays, Antony Jenkins, explained the rationale behind a £200m increase in bonuses at the bank, despite the fact that profits had fallen. There had been resignations at the bank the year before, when bonuses had been cut. He feared a "death spiral". Nobody wants a death spiral. Meanwhile, L...
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