Barclay’s bank has awarded the appropriately named
Rich Ricci, its investment banking chief, a shares bonus of £17.5 million which
he can cash instantly and choose, if he wishes, to use to purchase further racehorses
for his string. Yes, this is the same
Barclay’s that was fined heavily for the Libor scandal. The news was released
on budget day prompting the accusation that Barclay’s were burying bad
news. Never mind, Mr Ricci may be
comforted after the string of abuse and criticism that will surely come his way by the
thought that, thanks to that nice Mr ‘we’re all in it together’ Cameron and his
reduced top rate of tax, he will also receive an additional £27K on his salary.
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