Lloyds Bank has sold off the TSB part of the business and today comes the rewards for them.
Although. Still 1/3 owned by the taxpayer following a mind boggling £20.5 billion injection of taxpayers funds during the so called financial crisis from 2007.
Now the Lloyd’s CEO is to be rewarded a proposed £1.7 million annual bonus and another £395 million will be shared between 91,000 employees.
Without the Bank of English Taxpayers keeping the likes of Lloyd’s and RBS afloat – they would no doubt be foreign owned by now. Perhaps a gesture to them would be more appropriate at this time. I know I would appreciate a mortgage holiday from Lloyd’s in thanks!