'Humanity before elitism' - Jeremy Corbyn praised for calling on Carillion bonuses to be returned

'Humanity before elitism' - Jeremy Corbyn praised for calling on Carillion bonuses to be returned

Jeremy Corbyn says directors should no longer receive their salary

Wednesday, January 17, 2018

Jeremy Corbyn has called for the directors of Carillion to hand back their bonuses and, as usual, his call to arms has been welcomed by much of the public.

Carillion went into liquidation this week as it has a total of £1.5 billion in debt, according to The Independent.

The paper also reports that in 2016 executives at the company, which had a number of public sector contracts, had ensured it would be difficult for investors to retrieve directors' bonuses should the company become troubled.

Last year those in charge cashed £4 million worth of bonuses even though the business was struggling.

The Labour leader has said this money should be handed back and the directors should no longer be paid their wages "because they have run the company in such a way that all these jobs are at risk."

Many appear to be agreeing with Corbyn, as they criticise the Government for continuing to work with a failing company.

Some have said this is the right way for politicians to be acting in the face of the crisis whilst others have said it will provide him with "ammunition" to take on Theresa May.

Take a look at the reaction below

 

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