Tories demand support for bank lending, silent on risk rewards

Telling isn't it. Conservative Home is whinging about just how many times they have demanded loan guarantees for bank lending from the Labour government, but is completely silent on the issue of executive pay for bankers.

I'm not opposed to the state guaranteeing bank loans or even setting up a state-bank (though I would prefer a people's bank as it's the people's money that would be used to capitalise such an institution). But surely there has got to be a fundamental reassessment of rewards/remuneration and their relation to risk-taking.

No banker requiring government guarantees for its loan book can be worth more in income terms than say the Prime Minister. Pay cuts for bankers would help their banks recapitalise more quickly too.