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Bank Charge News

December 14, 2007

Bank Charges For You, Bonuses For Them

BANK of Scotland workers shared a £78million bonus bonanza this year as the company raked in profits of £191 per second.

Around 16,000 staff in Scotland have received bonuses and free shares, with an average payout of nearly £5000 per person.

A spokesman for the bank’s parent company, HBOS, said yesterday: “We believe it is very important that staff have a stake in the business and share in its success.”

Banking unions Accord and Amicus praised the bonus scheme. They said in a joint statement: “With so many negative stories about industrial relations around, it is right for unions to commend and support employers like HBOS who are doing the right thing by their workforce.”

HBOS are set to make a record £5.8billion profit this year. Antidebt campaigners accuse the big banks of selling customers loans they can’t afford then hammering them with charges and penalties.

[tags] bank charges, refund bank charges, claim back creditcard charges [/tags]

 

 

 


 

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