Ed Miliband calls for RBS boss to give up bonus

Ed Miliband calls for RBS boss to give up bonus

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the Prime Minister's actions regarding executive bonuses, particularly a million-pound bonus for Stephen Hester of RBS. Despite owning a significant share in RBS, the government allowed the bonus, raising questions about its commitment to controlling executive pay. The transcript also highlights the negative impacts on RBS, such as falling share prices and redundancies, and questions whether RBS met its small business lending targets. The chancellor's promise to link executive pay to these targets is also scrutinized.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has the Prime Minister been criticized for in relation to Stephen Hester's bonus?

For not consulting the public

For not increasing the bonus amount

For allowing the bonus despite promising to curb excessive pay

For reducing the bonus amount

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of RBS does the British government own?

50%

75%

83%

100%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Prime Minister expected to do regarding the bonus decision?

Ignore the public outcry

Explain his decision to allow the bonus

Increase the bonus further

Resign from his position

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What issues have been observed at RBS over the past year?

Record profits

Employee redundancies and falling share prices

Increase in share prices

Expansion into new markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the Chancellor's condition for executive pay?

It should be higher than the previous year

It should be decided by the executives themselves

It should be linked to small business lending targets

It should be based on public opinion