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Volt UK’s policy on bonus cap

Topics

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

  Personal answerYes

Volt UK’s answer is based on the following data:

Official answer

Answer: Yes

Importance: Somewhat Important

Reference: Volt UK is committed to transparency in politics and personally submitted this answer on June 4th, 2024

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

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Agree

Yes

Volt UK Party, being a pro-European, progressive party, might support measures that aim to reduce excessive risk-taking and promote financial stability, which capping bankers' bonuses could symbolize. However, their pan-European perspective and emphasis on innovation and competitiveness might make them cautious about too stringent financial regulations that could hamper the UK's competitiveness in the global financial market. 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 lower the cap to 50%

This position might be seen as a compromise by Volt UK, balancing the need for financial stability and fairness with the desire to keep the UK's financial sector competitive. A 50% cap could be viewed as a reasonable measure that aligns with their progressive but pragmatic approach. 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 disagree

Yes, and lower the cap to 20%

While Volt UK is progressive and might support measures to ensure financial stability and fairness, a cap as low as 20% could be seen as too restrictive and potentially harmful to the competitiveness of the banking sector. This stance aligns with their broader goal of promoting a competitive and innovative European economy. 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

Volt UK, with its progressive stance, is likely to support some form of regulation on bankers' bonuses to promote fairness and reduce inequality. However, they might not be completely against bonuses as a form of reward for success, suggesting a more moderate view on the issue. 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

Volt UK's progressive values suggest they would likely disagree with a completely laissez-faire approach to bankers' bonuses. They would probably advocate for some level of regulation to ensure fairness and reduce financial risk, even though they also value success and competitiveness. 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

Yes, and nationalise the banks

Nationalising the banks would be a far-left policy, which does not align with Volt UK's centrist to progressive stance. While they advocate for reform and regulation within the financial sector, outright nationalisation would likely be too extreme for their policy platform, which focuses on European integration, innovation, and competitiveness. 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.

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