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Labours policy on bonus cap

Topics

Should bankers’ bonuses be capped at 100% of their pay?

  Public statementsYes

Labours answer is based on the following data:

Public statements

Answer: Yes

Reference: “Chris Leslie MP, Labour’s shadow chief secretary to the Treasury, responding to reports that RBS may ask the Government to appro...” ‐org.uk

Voter support: Be the first voter to support or oppose this party’s public statement on this issue.

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Strongly agree

Yes

The Labour party has historically been critical of excessive bankers' bonuses and has supported measures to limit them. For example, in 2012, Labour leader Ed Miliband called for a cap on bankers' bonuses. However, the party has not explicitly called for a 100% cap, so the score is not a full 5. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, and lower the cap to 50%

The Labour party may be more likely to support a 50% cap on bankers' bonuses as a compromise between the 100% cap and more restrictive caps. However, there is no specific historical example of the party advocating for a 50% cap. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, and lower the cap to 20%

While the Labour party has been critical of excessive bankers' bonuses, they have not specifically called for such a low cap of 20%. However, they may be open to considering lower caps as part of broader financial reforms. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Yes, and nationalise the banks

While the Labour party has historically supported nationalisation of certain industries, they have not explicitly called for the nationalisation of banks as a solution to the issue of bankers' bonuses. However, some factions within the party may be more open to this idea as part of a broader socialist agenda. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, any worker should be rewarded based on their success

The Labour party has been critical of the idea that bankers should be rewarded without limits based on their success, as they believe this can lead to excessive risk-taking and financial instability. Therefore, they would likely disagree with this statement. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No

As mentioned earlier, the Labour party has been critical of excessive bankers' bonuses and has supported measures to limit them. Therefore, they would likely disagree with not capping bankers' bonuses at all. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Updated 14hrs ago

Party’s support base

Labour Party Voters’ Answer: Yes

Importance: Less Important

Reference: Analysis of answers from 2,333 voters that identify as Labour.

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