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Tuesday 28 August 2012 - 07:32

UK govt. still pays fat cat bonuses

Story Code : 190636
UK govt. still pays fat cat bonuses
The bonus payments triggered a furious backlash from campaigners who called for an end to the practice at a time of austerity measures and pay freezes.
 
It was revealed that ten out of 100 civil servants have received bonuses of over £30,000. These included one Ministry of Defense official who received nearly £100,000 on top of his £160,000 salary.
 
This is while that the Chancellor, George Osborne, have fixed salaries of workers around the country for two years with some enduring below inflation rises.
 
“Taxpayers will be justifiably angry that government departments and quangos are undermining the Chancellor’s edict by handing out these massive bonuses”, said Matthew Sinclair, chief executive of the TaxPayers’ Alliance.
 
“Some of the eye-watering figures being paid out would be hard to justify in the good times. But when the economy is stagnating they are a slap in the face for families struggling to make ends meet”, Sinclair added.
 
The bill for bonuses was recorded at £25million for the fiscal year 2010/11, but the figure was reduced to £10million in the last financial year.
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