Tuesday 27 August 2019 / 9:09 PM Economy / John McDonnell

Obscene payouts a decade after financial crash show nothing has changed – McDonnell

John McDonnell MP, Labour’s Shadow Chancellor, responding to reports that Deloitte UK partners are in line for biggest payday in 10 years, said:

“Many will consider this level of payouts is obscene, especially when the big accountancy firms have so often failed to live up to basic standards of competence and probity. It’s been over a decade since the financial crash and nothing has changed.

“Labour will fix this broken economy, with a wholesale reform of the auditing and regulatory system.”