
Ed Miliband calls for RBS boss to give up bonus
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Business, Social Studies
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University
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Hard
Wayground Content
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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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