This petition was submitted during the 2015-2017 parliament
Rejected petition Pay employees of publicly-owned banks at public sector wage levels.
The Government intends to restrict wages in the public sector, and to reduce pay-offs to public sector workers. Since those businesses which caused the credit are now largely publicly owned, they should also receive the equivalent pay structures of other public sector workers.
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The publicly owned banks which caused the credit crunch and years of austerity continue to receive high wages. At the same time, the public sector is being forced to accept lower wages as a result of the austerity measures brought in after banks ruined the British economy. The public, who are paying for the bank's mistakes, want to see an end to bonuses in publicly-owned banks, and want bank workers to receive the same pay levels as other public sector workers in equivalent positions
This petition was rejected
Why was this petition rejected?
It’s about something that the UK Government or Parliament is not directly responsible for.
We can't accept your petition because this isn't something the UK Government and Parliament could do.
The Government is a minority shareholder in Lloyds Bank group and a majority shareholder in RBS. This does not give it the power to set pay in those organisations (although, as a majority shareholder in RBS, the Government would have some influence on pay at board level).
We only reject petitions that don’t meet the petition standards.