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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 ...
Barclays will reportedly attempt to defend itself against "banker bashing" this week by revealing that it has cut pay and met targets for lending to b...
We shouldn't forget, in both the Terry and Huhne cases, that in the eyes of the law neither has been proven guilty yet, both are protesting their innocence and both could be reinstated in their positions of authority before the summer is out. However, one thing was made very clear this week: no matter how large your pay cheque, how important your position, or how many fans cheer your name from the stands on a Saturday afternoon, slip up and be prepared to face the consequences.
Clegg has, very publicly, ahead of the next budget, urged Chancellor George Osborne to speed up coalition plans to take the lowest earners out of income tax, and to pay for this by taxing richer people
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.
Bankers' pay is too high and needs to be "corrected", the chairman of the Royal Bank of Scotland Sir Philip Hampton said today. But Sir Philip said t...
I shed no tears for Stephen Hester, the chief executive of Royal Bank of Scotland. But Hester's public humiliation - and, though the two individuals are very different, also that of Sir-no-more Fred Goodwin - was nothing but a modern-day version of the Roman games.
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.
Thus far, the political debate surrounding bankers' bonuses has been as nuanced and subtle as a fart in a lift.
According to the latest installment of bien pensant Westminster opinion, parliament is resurgent. This status update comes by virtue of its triumph in forcing Stephen Hester, the Chief Executive of the Royal Bank of Scotland, to scrape by on only his £1 million salary, foregoing those little extra luxuries brought to him by his £1 million bonus.
The "vilification" of RBS chief Stephen Hester and intervention over bankers' bonuses is not in the "long-term public interest", according to CBI head...
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.
The popular sport of 'bashing bankers', such a ubiquitous feature of global discourse over the last few years, is gearing up for a fresh season. The prize catch this year is Stephen Hester, Chief Executive of the troubled Royal Bank of Scotland, who waived his share-bonus valued at £963,000 after coming under a bruising barrage of public vitriol and political point-scoring.
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 ...
William Hague has hinted the government could do more “as and when necessary” to curb the banking sector's bonus culture, after RBS chief Stephen ...
Royal Bank of Scotland chief executive Stephen Hester is to waive his 2011 bonus, the bank said on Sunday night. In doing so, Hester will not take...
Labour will force a Commons vote calling for Royal Bank of Scotland chief executive Stephen Hester to be stripped of his bonus, a party source said to...
The Government was "protecting the taxpayer" by allowing the Royal Bank of Scotland bonus for chief executive Stephen Hester to go ahead, the Chief Se...
The chief executive of the taxpayer-funded Royal Bank of Scotland (RBS) is facing mounting pressure to follow the bank's chairman and waive his bonus ...
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.
Replacing RBS chairman Stephen Hester could prove "more expensive" than maintaining the status quo, David Cameron warned on Saturday. After news of...
Stephen Hester's £963,000 bonus has been attacked as "out of touch" by Labour, as a government minister claimed he had a public "duty" to refuse it. ...
David Cameron is facing pressure to explain how RBS chief Stephen Hester was allowed to be awarded a £963,000 bonus after Ed Miliband and Boris Johns...
Pressure is growing on Royal Bank of Scotland chief executive Stephen Hester to turn down his six-figure bonus, as politicians and unions line up agai...
