6 TALK of £1m bonuses for financial traders in the City may be good news for the health of the "E" economy but what message does it send to the 2,000 workers set to lose their jobs at Vauxhall in Luton?

Or what about those Nissan workers in Sunderland whose jobs may be lost to France?

What message does it send about the value of work?

Where is the morality of one sector (and the fortunate people who work in it) making such huge sums while others scrape on the minimum wage or face Christmas with no job? In a crude sense, it is those on the lowest wage who are paying for these bonuses.

In a capitalist society such as ours, only Government can act to correct such inequality, and it is a sad reflection on our Labour Government that they have not taken the opportunity to tap into the huge profits made in the City to benefit the Health Service or the Social Services.

Personal taxes are only part of this, but I'm sure the vast majority of readers would agree with the Liberal Democrat plan to increase Income Tax to 50 per cent on income more than £100,000 a year.

As with fuel taxes, we would seek to "ring-fence" the added revenue so that people can see exactly where it is going.

C G J TUCKER,

Pershore & Bredon Liberal Democrats.