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Hypocrite of the Year Award


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An early contender has to be Chukkus Umoney:

  • November 2010
    "This week the government said it was also rowing back on the disclosure of bankers' pay [...] can we keep a track on reckless remuneration encouraging risky behaviour if we don't know its true extent?" - Mr Umunna writes a column for The Guardian titled 'Bank bonuses unbound'.

  • December 2010
    "Will the Chancellor, who adopted quite a different tone in New York, please confirm whether the Government are considering imposing extra taxation, over and above the existing arrangements and thebanking levy, on the banks if they do not exercise restraint?" - Parliament debate, Hansard

  • May 2011
    “A banker's boot on the throat of small businesses is a boot on the throat of the whole economy” - A quote Mr Umunna tweeted from an Evening Standard editorial

  • January 2012
    "On shareholder activism, the Business Secretary, the Deputy Prime Minister and other Ministers who ultimately bear responsibility and control the public stake in the banks - RBS, in particular - have said that they are in a position to stop the chief executive of that bank from receiving a large bonus while he is issuing thousands of redundancy notices to RBS employees. How and when will that happen? Does the right hon. Gentleman think that it is acceptable for the chief executive of RBS to take a bonus of the order of £1 million when thousands of company employees are being made redundant?" - Parliament debate, Hansard

  • December 2012
    “It is essential we restore the reputation of the financial services sector given its importance to the UK economy and our global lead” - Twitter

  • April 2013
    "It cannot be right that someone who seeks to cheat the benefits system out of a couple of hundred pounds in my constituency may well be thrown into jail for doing so, but those who seek to rig the financial system and receive hundreds of thousands of pounds as a result never seem to suffer the same fate. Is not the prospect of jail for gross wrongdoing one of the best ways we can affect a culture change?" - Speech to Future of Financial Services summit

  • April 2013
    “The future of financial services - the City - is incredibly important. It is a key business sector which - along with the associated legal, accountancy and other professional services - gives us a competitive edge and a comparative advantage due to our talent, our legal system, the liquidity of our financial markets and our time zone.

    “It is a sector which we look to pump oxygen into the rest of the economy, helping businesses in other sectors expand and grow.” - Speech to Future of Financial Services summit

  • December 2013
    "I raised concerns on the independence of the Tomlinson report into banks' lending practices in the Commons today." - Twitter

  • February 2021
    JP Morgan hires Chuka Umunna for environmental role 

 

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