Lord Paul Myners, the Financial Services Secretary to the Treasury, has told the BBC that there should be a requirement to list the names and earnings of the most highly remunerated bank employees below Board level. This has provoked the predictable squeals of anguish from the British Bankers Association and the like.
However, given the pivotal nature of the banks in our economy, it is difficult to see what reasonable grounds there are for them to resist this extra transparency.
I am reminded that the collective noun for bankers is a “wunch”.
As in: a wunch of bankers.
….. Oh forget it.