Outrage as RBS boss gets a £963,000 bonus

Help

A £963,000 bonus in shares awarded to Royal Bank of Scotland boss Stephen Hester has been strongly criticised.

Labour leader Ed Miliband said the payout represented a "disgraceful failure of leadership by the prime minister".

But the Chancellor, George Osborne, said the previous Labour government was responsible as it had forged the contract that included a bonus clause.

Liberal Democrat minister Jeremy Browne said Mr Hester should turn down the bonus.

Hugh Pym reports.

bbc.co.uk navigation

BBC © 2012 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.