Archbishop questions bankers' bonuses
Saturday 24 December 2011
The Archbishop of York has criticised the growing divide between high and low earners and asked whether it is right that bankers "who helped cause the economic crisis" should "rake in massive bonuses".
Dr John Sentamu said: "Let us not be a society that knows the price of everything and value of nothing."
Writing in the Yorkshire Post today, the archbishop said the UK needs a "sustainable steady economy in which the emphasis is placed on greater equality".
Dr Sentamu said: "Can it be right that public sector workers, and those who work in British industry, face losing their jobs when those high earners in the banking sector who helped cause the economic crisis not only keep their jobs but rake in massive bonuses?
"We have created a situation where many people live in relative poverty while others have far more than they can ever hope to spend.
"In fact, the divide between the wages of the rich and the poor is growing in nearly all of the world's leading economies.
"It doesn't have to be this way."
He pointed to the paradox of people suffering the "devastation of unemployment" with a society in which many people are overworked.
And the archbishop also contrasted growing homelessness with estimates of a million empty homes across the country.
Dr Sentamu said: "Difficult choices have to be made but people and justice must be at the centre of all decision-making in our country.
"When we forget the importance and worth of every single member of society, we have forgotten what is means to be human."
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
£30000 - £35000 per annum: Recruitment Genius: An exciting opportunity to join...
£30000 - £35000 per annum: Recruitment Genius: We have an excellent role for a...
Negotiable: Recruitment Genius: An IT Support Analyst is required to join the ...
Excellent Salary: Austen Lloyd: SURREY - An outstanding high level opportunity...