Ed Miliband calls for RBS boss to give up bonus

Ed Miliband calls for RBS boss to give up bonus

Assessment

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Business, Social Studies

University

Hard

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.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions has the Prime Minister promised regarding excessive bonuses?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Prime Minister's ownership stake in RBS relate to the bonus given to Stephen Hester?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the consequences mentioned regarding RBS's performance over the last year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the Chancellor state about the link between executive pay and small business lending targets?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it considered astonishing that the government allowed the bonus to happen?

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