Alot of emphasis has been placed on the inevitable cuts in staff/salaries etc. in the public sector, not to mention tax hikes which are likely as a result of the IMF bail-out, but will there be a similiar effect (staff cuts/pay cuts) in the banking sector, given that most of this is now nationalised?
With the exception of Halifax employees, it appears to be that banking employees are the only section who have actually escaped mandatory job-cuts/pay cuts.
Would the IMF enforce a bank sell-off or mergers?
With the exception of Halifax employees, it appears to be that banking employees are the only section who have actually escaped mandatory job-cuts/pay cuts.
Would the IMF enforce a bank sell-off or mergers?