So the bank bosses are furious that the Chancellor, George Osborne is going to take an additional £800million levy off them, making it two and a half billion pounds per annam long term. Not nearly as angry as the British public were when their money was handed over willy-nilly by the government to the so called Mega banks when we bailed them out of the hole they dug for themselves leaving us with a large deficit to clear, and them in clover reaping disgusting bonuses. Now they are taking the huff like babies because the government is trying to rectify the fact that they are not paying back their debt to us quickly enough. They are threatening to pull out of talks with the government about Project Merlin, talks that concern their pay, bonuses and the way the banks are lending. Until they pay back all of their debts to us, they work for us and should be forced by the government to tow the line and do what they are told. If they want to leave their job or take their banks elsewhere, do so once they can call the banks their own again. They are only Mega banks nowadays thanks to the taxpayers.
Author based in Scotland.
After years spent at sea as a commercial fisherman I witnessed spectacular sights in the night sky while waiting for daylight to break.
After I retired I decided to write on the subject.