This morning, the chief executive of RBS Stephen Hester appeared on Radio 4's Today programme to discuss the recent furore over his bonus. Hester revealed he nearly resigned over the crisis and agreed that bankers have been making too much. Here's the full transcript for CoffeeHousers. James Naughtie: Banker without a bonus? You might say he’s a lonely figure in his business; he...
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Spectator 2 hours ago (via spectator.co.uk)
Stephen Hester, the chief executive of Royal Bank of Scotland, has revealed that he considered resigning from the bank in the wake of the furore surrounding his £1 million bonus.
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Telegraph 5 hours ago (via telegraph.feedsportal.com)
George Osborne has insisted that he was determined to stop those "who are trying to create an anti-business culture in Britain" after the series of rows over bonus payments.
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Telegraph 8 hours ago (via telegraph.feedsportal.com)
RBS boss Stephen Hester breaks his silence on the controversy surrounding his bonus, saying the attention had been "discomforting, to say the least".
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BBCPolitics 22 hours ago (via bbc.co.uk)
Network Rail bosses, including chief executive Sir David Higgins, have said they will not accept bonuses this year.
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BBCPolitics 1 day ago (via bbc.co.uk)
Chief executive of Network Rail announces that he and his directors will give up their bonuses, following political pressure over how much company bosses are paid.
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Telegraph 2 days ago (via telegraph.feedsportal.com)
Labour has discovered that the Department for Transport has to give 'prior written consent' to Network Rail before there can be any changes to its incentive policy. This follows the release by Labour last week of documents proving that the Transport Secretary has a place on Network Rail's Remuneration Committee as the company's 'Special Member' identified in the Artic...
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LabourParty 2 days ago (via labour.org.uk)
Justine Greening, the Transport Secretary, is to take the unprecedented step of voting against Network Rail's plans to award a bonus of £336,000 to its chief executive at a key meeting this week.
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Telegraph 2 days ago (via telegraph.feedsportal.com)
Labour has urged ministers to block six-figure bonuses for Network Rail bosses, insisting they have the power to prevent such payouts.
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BBCPolitics 2 days ago (via bbc.co.uk)
Transport Secretary Justine Greening is to vote against bonuses for Network Rail bosses at the company's annual general meeting.
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BBCPolitics 2 days ago (via bbc.co.uk)