{"id":8788,"date":"2011-02-09T17:06:18","date_gmt":"2011-02-09T15:06:18","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=8788"},"modified":"2011-02-09T17:06:19","modified_gmt":"2011-02-09T15:06:19","slug":"project-merlin-and-pay","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/02\/09\/project-merlin-and-pay\/","title":{"rendered":"Project Merlin and pay"},"content":{"rendered":"<p><a href=\"http:\/\/www.hm-treasury.gov.uk\/d\/bank_agreement_090211.pdf\">Project Merlin<\/a> is even weaker on pay than it is on tax and lending:<\/p>\n<blockquote>\n<p>Following these discussions, the four banks confirm that the aggregate 2010 bonus pool (including deferrals) for their UK-based staff will be lower than that of 2009.<\/p>\n<\/blockquote>\n<p>For all practical purposes that is their commitment.<\/p>\n<p>To say Osborne has been taken for a ride is to massively understate the case.<\/p>\n<p>The banks have taken him and us to the cleaners, again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Project Merlin is even weaker on pay than it is on tax and lending: Following these discussions, the four banks confirm that the aggregate 2010<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/02\/09\/project-merlin-and-pay\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,124],"tags":[],"class_list":["post-8788","post","type-post","status-publish","format-standard","hentry","category-banking","category-condems"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=8788"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8788\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=8788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=8788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=8788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}