The board of RBS, which is 83%‑owned by the taxpayer, is said to be considering a bonus of £1.3m to £1.5m for RBS Chief, Stephen Hester, on top of his £1.2m annual salary. Ed Miliband, the Labour leader, told the Observer "that the public would not regard it as fair or right for the head of a company whose share price had halved in the past year, and which had missed its target for lending to small businesses, to cash in when so many hard-working people were struggling to make ends meet."
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| Photo of RBS Chief Stephen Hester: Oli Scarff/Getty Images |
Here are The Beatles performing "Money (That's What I Want)":
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