Santas in bank bonus protest
A group of campaigners dressed as Father Christmas have descended on the City of London office of RBS in protest over executive bonuses.The London Coalition Against Poverty (LCAP) handed out leaflets criticising the part-nationalised bank's right to pay staff large bonuses, the Press Association reports.RBS received a significant proportion of the October £37 billion government banking bail-out after its balance sheet was exposed to the freeze in wholesale lending caused by the credit crunch.Around 30 members of LCAP handed out notes to bankers which carried slogans reading 'You Owe Us' and 'Bonuses for the Homeless, Not Bankers'.However, RBS chiefs have since claimed that some staff will still get their annual bonuses, despite the banks taxpayer funding.LCAP spokesperson Ellie Schling said: "For the vast majority of us this Christmas will be more difficult than most."But the majority of bankers will again be receiving obscene amounts of money in Christmas bonuses and to make it worse it's our money they're getting this year."
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