Banking bosses lobbying for tax cuts and deregulation shows they haven’t learnt a thing from the last 10 years – John McDonnell
Responding to reports that the Chancellor Sajid Javid has met banking bosses lobbying for tax cuts and deregulation for the City, Shadow Chancellor John McDonnell said:
“By demanding tax cuts and deregulation the City and banks demonstrate that they haven’t learnt a thing from the last 10 years.
“Our people have endured years of harsh austerity because of the crash caused by the bankers and now they are seizing the chance of their friends in government to line their pockets. It shows how cut off from the real world they are.
“We need to end this racket by the elite cartel running our country in the interest of the few.”