Bank bonuses ‘essential’

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Angela Knight says that it can be ‘nasty and hard’ for bankers working in the industry at the moment, who are being blamed for causing the credit crunch.

She believes that banks should be allowed to get on with banking, rather then be dragged into politics.

‘My firm belief is that the banking industry should be allowed to get on with banking,’ she said. ‘We are the political football. We want the politics to be taken away from banking.

‘It can be nasty and hard. It’s impossible not to know how people feel. We are under enormous siege and very pressured but morale is extremely high and people are performing better than I have ever seen them. In my job, if you are not an optimist you would jump out the window.’

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