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Bonuses

It's All No Change at the Top

Nick Abbot | Posted 29.04.2013 | UK Politics
Read More: Corporate Remuneration, Banking, Bonuses, Hedge Funds, Shareholder Spring, Barclays, UK Business, UK Economy, UK Politics News
Nick Abbot

The real problem with any shareholder uprising against the undeserved meteoric rise in boardroom pay is that most shareholders couldn't care less what the people at the top pay themselves. Big institutional investors don't want to drive down executive rewards because they are also executives who want to get rewarded.

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Action on Bankers' Bonuses Show the EU Is More in Tune With Most Voters' Thinking Than This Government

Jean Lambert | Posted 07.05.2013 | UK Politics
Read More: Government, Bankers, Green, Tory, Bonuses, Robin Hood Tax, Eu, Ukip, UK Conservative Party, David Cameron, UK Politics News
Jean Lambert

David Cameron has a Europe problem. While the UK Independence Party's popularity is currently surging, as evidenced by the 27% of the vote they received in last week's by-election to the UK parliament, he's feeling the pressure to lurch ever more the right and position the British Conservative Party as the Euro-sceptic 'voice of reason'.

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Capping Banker Bonuses Misses the Point

Cyrus Moore | Posted 05.05.2013 | UK Politics
Read More: Investment Banks, Investment Bankers, Banking Regulation, Bankers, Banking Reform, Capitalism, Bonuses, Wall Street Bonuses, Bank Bonuses, Investment Banking, UK Politics News
Cyrus Moore

Brussels is wrong to cap bankers' bonuses, just as it was wrong to propose a financial transactions tax a few months ago. Its thinking, however, is along the right lines; having failed to manage their businesses responsibly, bankers need to be kept on a tight leash.

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EU Leaders Agree Bank Bonus Tax - Despite Osborne's Efforts

PA/The Huffington Post UK | Posted 05.03.2013 | UK Politics
Read More: European Commission, UK News, UK Pols, Business News, Osborne, UK Business, Bankers Bonuses, Chancellor, Bonuses, George Osborne, UK Politics News

George Osborne has been thwarted in his efforts to avert a controversial cap on bankers' bonuses. The Chancellor headed to Brussels on Tuesday morn...

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Charlie Thomas

‘I deserve my bonus – I’ve saved RBS for the sake of society and stakeholders’

HuffingtonPost.com | Charlie Thomas | Posted 11.02.2013 | UK
Read More: Stephen Hester, Banking Bonuses, London Interbank Offered Rate, Libor, UK Politics, Business News, Banking, Rbs Libor, Rbs, Sir-Philip-Hampton-Rbs, UK Business, Bonuses, Libor Scandal, Royal Bank of Scotland, UK News

Stephen Hester, the chief executive of the Royal Bank of Scotland (RBS) has defended his forthcoming bonus by saying he should be judged on saving the...

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Charlie Thomas

RBS Staff See Bonuses Clawed Back To Pay Libor Fines

HuffingtonPost.com | Charlie Thomas | Posted 06.02.2013 | UK
Read More: Libor Manipulation, Banking Bonuses, Libor, Banking, Business News, Rbs, UK Business, Trading, Bonuses, Libor Scandal, Royal Bank of Scotland, UK News

Thousands of staff across the Royal Bank of Scotland will lose their bonuses this year as the bank claws back money to pay fines for its part in the L...

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Top UK Bosses Face 'Significant' Bonus Cuts

PA | Posted 28.01.2013 | UK
Read More: UK Business, UK News, Goldman Sachs Bonuses, Business News, Banker Bonuses, Bankers Bonuses, Executive Bonuses, Financial News, Bonuses, Bank Bonuses, UK News

The bosses of top UK companies are facing significant bonus cuts but are still expected to receive windfalls worth 60% of their salaries, according to...

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Austerity? What Austerity?

PA | Posted 03.12.2012 | UK
Read More: Excessive Pay, High Pay Centre, Department for Business, Company Executive Pay, Executibes, UK Business, Company Executives, Business News, Pay Rises, Bonuses, Austerity, UK News

The pay of company executives has increased by an average of 12% in the last financial year, more than four times that of other workers, despite the e...

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Just an idea...

Nick Jefferson | Posted 26.08.2012 | UK Politics
Read More: Wenlock, London Olympics, Bonuses, UK Economy, Olympics, UK Politics News
Nick Jefferson

We learned today that there is a £500m Olympics 'underspend'. And it got me thinking.

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Bankers' Bonuses 'Fall To 15-Year Low'

PA | Posted 09.07.2012 | UK
Read More: UK News, UK Economy, Cebr, UK Banking, Bankers Bonuses, Bonuses, London, UK Finance, UK News

Bank bonuses are set to fall to levels last seen 15 years ago as City rewards start "coming back into the real world", it was claimed on Thursday. ...

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The 10 Things Wrong With Business Today

Chris Bones | Posted 21.04.2012 | UK
Read More: Financial Crisis, Bonuses, Business, Cult of the Leader, Chris Bones, UK Business, UK News
Chris Bones

Chris Bones takes us through the top ten ailments of modern business. His book 'The Cult of the Leader: A Manifesto for More Authentic Business' (Wile...

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Stop Giving Bonuses

PA | Posted 22.04.2012 | UK
Read More: Philip Hampton, Sky News, UK News, UK Politics, Banks, Rbs, Bonuses, Yougov, Barclays, Royal Bank of Scotland, UK News

Three out of four people think bosses at bailed-out banks should not get a bonus, according to research. And 58% of respondents to the YouGov poll,...

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BBC And Royal Mail Execs Could Have Bonuses Slashed

Posted 13.02.2012 | UK Politics
Read More: Stephen Hester, Civil Servants, Ed Miliband, Bankers Bonus, Whitehall, Francis Maude, UK News, Bonuses, Danny Alexander, UK Politics News

Ministers have ordered a crackdown on public sector bonuses following the uproar over six figure sums awarded to senior bankers. According to the D...

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Barclays Slashes Bankers' Bonus Pot (To £1.5 Billion)

PA | Posted 10.02.2012 | UK
Read More: Stephen Hester, Bankers Bonus, UK News, Bonus, Lloyds, Banks, City, UK Business, Business, Bonuses, Million Bonus, News, Barclays, UK News

Banking giant Barclays slashed the bonus pool for its investment banking arm by 32% in 2011 to £1.5 billion amid mounting pressure over the controver...

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Private Sector Banks Should Rein In Bonuses Too, Says Ed Miliband

PA/The Huffington Post | Posted 10.04.2012 | UK Politics
Read More: UK Banks, Ed Miliband, Bankers Bonuses, UK Economy George Osborne, UK News, Bonuses, Bob Diamond, UK Politics News

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...

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Greening Pledges To Vote Against Network Rail Bonuses

Posted 06.02.2012 | UK Politics
Read More: UK News, UK Labour Party, Maria Eagle, UK Business, Network Rail, Justine Greening, Bonuses, UK Politics News

Labour has claimed the government can do more to block bonuses for Network Rail chiefs, the day after Justine Greening pledged to vote against a six-f...

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Press Pressure; Bankers, Beware

Callum Jones | Posted 03.04.2012 | UK
Read More: Stephen Hester, Fred Goodwin, Banking Crisis, Bonuses, UK Politics, Daily Mail, UK Media, Stephen Lawrence, British Press, UK News
Callum Jones

I don't sympathise with someone for obtaining a multi-million pound pay packet, but I do sympathise with someone if they are bombarded with a constant stream of abuse on an unfair basis.

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Why Britain's Out in the Cold

Tiernan Douieb | Posted 03.04.2012 | UK Comedy
Read More: Fred Goodwin, Welfare Reform, Euro, Stephen Hester, Estonia, Finland, Cold Weather, Eurozone, David Cameron, Bonuses, Denmark, Talinn, UK Business, UK Politics, UK Comedy, UK Comedy News
Tiernan Douieb

We are told that this has all been done for the benefit of the UK, and to stop us falling into further debt, while the rest of Europe just looks at us as though we are that awkward woman that no matter how many drinks you've bought and compliments you give her, still thinks you don't like her. Sigh.

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I Vow My Bonus to Thee My Country

Daniel Wood | Posted 02.04.2012 | UK Politics
Read More: Stephen Hester, Banking Crisis, Rbs, Bonuses, Labour Party, George Osborne, David Cameron, Westminster Abbey, UK Politics News
Daniel Wood

Thus far, the political debate surrounding bankers' bonuses has been as nuanced and subtle as a fart in a lift.

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'Don't Vilify Hester Over RBS Bonus'

Posted 31.01.2012 | UK
Read More: Stephen Hester, Ed Miliband, UK News, Bonuses, Sir Roger Carr, UK Labour Party, David Cameron, UK News

The "vilification" of RBS chief Stephen Hester and intervention over bankers' bonuses is not in the "long-term public interest", according to CBI head...

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Bankers' Bonuses: The Bigger Problem

Deborah Doane | Posted 31.03.2012 | UK Politics
Read More: Barclays, Goldman Sachs, The City, Davos, Stephen Hester, Rbs, UK Business, Bankers, Bonuses, Bankers' Bonuses, UK Politics News
Deborah Doane

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.

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The Week That Was: Cash and Chicken Nuggets

Carla Buzasi | Posted 29.03.2012 | UK
Read More: Stephen Hester, Channel 4, Ed Miliband, Change 4 Life, Rbs, David Cameron, Bonuses, Ainsley-Harriott, Boris Johnson, Bankers, Banker's Bonus, UK News
Carla Buzasi

Everything in moderation, isn't that how the saying goes? If a week can be summarised by its headlines, this week it was everything in moderation except bonuses and fast-food. The remuneration packages offered to Britain's fat cats are hardly a new topic of contention, but RBS chief executive Stephen Hester has become something of a poster child for the subject, making the announcement of his annual bonus a must-debate topic whichever side of the argument you fall and a juicy bone for our politicians to fight over.

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RBS Chief's £1m Bonus

PA/Huffington Post UK | Posted 27.03.2012 | UK
Read More: Stephen Hester, UK Banks, UK News, Bonus Payments, UK Economy, Banks, Rbs, Bankers Bonuses, Bonuses, Royal Bank of Scotland, UK News

Stephen Hester, boss of taxpayer-funded RBS, has been awarded a bonus worth £963,000, around 60% of his entitlement, following political pressure to ...

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RBS Chief Stephen Hester Awarded Bonus Worth At Least £800k

PA | Posted 27.03.2012 | UK
Read More: UK Banks, Stephen Hester, UK News, UK Economy, Bonus Payments, Banks, Rbs, Bankers Bonuses, Bonuses, Royal Bank of Scotland, UK News

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...

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Bailed-Out RBS To Axe 3,500 Jobs In Investment Banking Arm

PA/Huffington Post UK | Posted 12.01.2012 | UK
Read More: UK News, Job Cuts, Too Big to Fail, UK Economy, Banking, Financial Crisis, Rbs, UK Business, Bonuses, News, Royal Bank of Scotland, UK News

Taxpayer-backed Royal Bank of Scotland (RBS) has announced around 3,500 job losses over the next three years in a bid to downsize its investment banki...

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