We haven't been able to take payment
You must update your payment details via My Account or by clicking update payment details to keep your subscription.
Act now to keep your subscription
We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account or by clicking update payment details to keep your subscription.
Your subscription is due to terminate
We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account, otherwise your subscription will terminate.

Let bankers go

If there is a risk that companies may leave the UK, then shareholders may well have a view about that, too

Sir, Camilla Cavendish (“Driving bankers abroad is financial suicide”, Mar 10) asserts that “people who work very hard to earn very good money bitterly resent having to give so much of it to the State”. Well, actually, some of us don’t.

Greed and selfishness are not universal attributes of human nature. If there is really a risk, as she suggests, that public companies may take otherwise profitable businesses out of the UK to indulge the grotesque financial demands of a few deluded employees who believe themselves to be irreplacable, then we, the shareholders, might have a view on that too.

Jacqueline Bore
London SW1

Sir, A brilliant idea emerges from Camilla Cavendish’s defence of the salaries and bonuses paid to bankers and her claim that substantial taxation benefits accrue to the nation. Just pay everyone a salary of £1 million per annum with a bonus of £2 million and the enormous tax revenues will put paid to the deficit once and for all.

Advertisement

Paul Taylor
Derby