Paying bonuses to banking staff ‘a kick in the teeth’

A Sinn Fein TD says if the government decide to pay bonuses to banking staff, it will be a kick in the teeth to the many people struggling to come through the cost of living crisis.


Cabinet is expected to approve plans to bring back bonuses for banking staff later today.


Pay has been capped at 500 thousand euro at the three bailed out banks – AIB, Permanent TSB and Bank of Ireland – and bonuses have been banned since the financial crash.


But plans before Cabinet this morning are expected to allow bonuses to resume.


Deputy Pearse Doherty is the Sinn Fein Spokesperson on finance he says memories of the financial crash in 2008 are still fresh in many people’s minds: