Wednesday, September 25, 2013


Kick the poors, defend the rich.
George Osborne is to take legal action against Brussels over the European Union's proposed move to cap the bonuses of thousands of British-based bankers.

Sky News has learnt that Treasury officials have been considering the move for several months.

A decision to formally challenge Brussels in the courts over measures to restrict bank bonuses echoes a similar legal action launched by the Treasury in April over the EU's proposed financial transactions tax (FTT).