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Private sector banks, as well as the state-backed Royal Bank of Scotland and Lloyds Banking Group, have a responsibility to rein in big bonuses, Ed Mi...
Chancellor George Osborne has vowed to fight an "anti-business culture" in the UK, warning that the row over bonuses and pay threatens to undermine th...
Royal Bank of Scotland boss Stephen Hester has broken his silence after waiving a near-£1 million bonus by urging the bank's staff to "prove critics ...
Labour will use a parliamentary debate on Tuesday to attack "excessive" bonuses and urge the government to increase transparency in banking. The pa...
The row over bankers' bonuses is set to reignite with Barclays expected to hand an estimated £1.5bn to traders, including a huge payout for its chief...
Ed Miliband has warned bankers that the industy has "reached a crossroads" and without change they risk a greater backlash from the public. In a sp...
With bankers' bonus season in full swing, and thanks to relatively recent European rules, we at least get to see exactly the sort of pay deals being awarded to the top bankers in the City. RBS chief executive Stephen Hester's bonus, which he eventually turned down following public outrage, will be followed by a series of other bonus announcements in the coming weeks.
David Cameron will not stop the Royal Bank of Scotland awarding other bonuses to its executives, a Downing Street spokesperson has said. RBS chief ...
David Cameron will not stop the Royal Bank of Scotland awarding other bonuses to its executives, a Downing Street spokesperson has said. RBS chief ...
The chairman of the taxpayer-funded Royal Bank of Scotland (RBS) will not receive a shares bonus worth £1.4m, the bank said on Saturday. Sir Phili...
Stephen Hester, boss of taxpayer-funded RBS, has been awarded a bonus worth £963,000, around 60% of his entitlement, following political pressure to ...
The chief of the taxpayer-owned Royal Bank of Scotland will receive a bonus worth almost £1m, despite a cap imposed by the bank's board. RBS chief...
Actor Jeremy Irons used an appearance on a U.K. political TV show on Sunday to tackle Britain's Deputy Prime Minister Nick Cleggg about the huge bonus...
The Government will come under greater pressure today to tackle rising youth unemployment and bankers' "excessive" bonuses. Labour hopes to seize o...
Bank of England governor Sir Mervyn King today made a fresh appeal for fairness in bankers' pay and bonuses. Sir Mervyn told MPs at the Treasury Se...
David Cameron backed powers for shareholders to veto executive pay packages as political pressure to curb vast salaries and bonuses gathered pace. ...
The Archbishop of York has criticised the growing divide between high and low earners and asked whether it is right that bankers "who helped cause the...
George Osborne has called on bankers to reign in bonuses ahead of Christmas. The chancellor told MPs that banks would "do very, very well" to heed ...
If, when they rescued bankrupt institutions from the consequences of their own folly in 2007-09, governments had insisted on some sort of conditionality, (for example, they had insisted that "too big to fail" institutions were broken up, that bonuses be capped and that banks started behaving in vaguely responsible ways), this need not have happened.
PRESS ASSOCIATION -- Workers in the financial sector enjoyed average bonuses of £12,500 last year as pay-outs showed little sign of falling despite e...
