RBS
Stephen Hester was right to turn down his bonus
Last week I wrote about how it was wrong for Stephen Hester to be getting a bonus of nearly a million pounds, while taxpayers were still so far from getting their money back after the massive bailout. Last night it was announced that he was going to turn the bonus down. He deserves credit for [...] Read the rest of this entry »
Stephen Hester was right to turn down his bonus
Last week I wrote about how it was wrong for Stephen Hester to be getting a bonus of nearly a million pounds, while taxpayers were still so far from getting their money back after the massive bailout. Last night it was announced that he was going to turn the bonus down. He deserves credit for [...] Read the rest of this entry »
Taxpayers are down £14 billion, Stephen Hester gets a £1 million bonus
What kind of value have taxpayers got out of RBS over the last year, as the majority shareholders? Does it justify the substantial £963,000 bonus that has been announced for their Chief Executive Stephen Hester this morning? Taxpayers own 82 per cent of the bank, which has a total market capitalisation of £29.6 billion. This [...] Read the rest of this entry »
Taxpayers are down £14 billion, Stephen Hester gets a £1 million bonus
What kind of value have taxpayers got out of RBS over the last year, as the majority shareholders? Does it justify the substantial £963,000 bonus that has been announced for their Chief Executive Stephen Hester this morning? Taxpayers own 82 per cent of the bank, which has a total market capitalisation of £29.6 billion. This [...] Read the rest of this entry »
Why are the Government letting nationalised banks spend taxpayers’ money on lobbying?
Yesterday the Independent reported that RBS and Lloyds are retaining the services of a number of high priced lobbying firms. Given that they are largely owned by the taxpayer, this is our money and spending it on lobbyists is a ridiculous waste. How is it in our interests to fund banks fighting for their political [...] Read the rest of this entry »
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