BANK bosses and other assorted failures will undoubtedly be getting their Christmas bonuses as usual this year, thanks to the taxpayer saving their skins during the early autumn.

I know of one executive on £160,000 a year who will be getting the same amount as a festive reward for services allegedly rendered. Of course, this person may be the greatest financial genius the world has ever known.

But something tells me that while this privileged few are having the party of their lives, the rest of us will be watching those pennies.