Thursday, December 03, 2009

Like lovers who have fallen out

Hands off the bankers, they are the driving force of the economy. That was Labour's message just 24 months ago. Labour and the whizz kids of the City were in love and the affair lasted a decade. Then it all went horribly wrong. Now Labour and the bankers are at each others throats, like a couple of ex-lovers or a married couple going through a very messy divorce.

So today we have the RBS directors threatening to resign if they can't give bonuses to their best staff. They say they need bonuses to recruit the best people. (Wasn't it the same "best people" who got us into trouble in the first place?) Labour are saying no to bonuses. Looks like there is about to be a gun fight in the City, and that the Labour/City divorce is going to get even messier.
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