Thursday 17 March 2011

BBC - Peston's Picks: What RBS pays its top people

BBC - Peston's Picks: What RBS pays its top people

It is with no real enthusiasm that I write once again about bankers' pay. If you feel you've read this story before, well I would understand.

Two men are pictured in a branch of RBS

But there is a pubic interest in shining a light on the remuneration practices of Royal Bank of Scotland, since we as taxpayers rescued it from extinction in the autumn of 2008 and we own 83% of the bank.

The guys (mostly men) who run that bank work for us, in that sense.

So what have we learned from the publication of its annual report and accounts today?

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