Royal Bank of Scotland chief executive Stephen Hester
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Royal Bank of Scotland boss Stephen Hester turns down £1m bonus

30 January 2012 Last updated at 07:18 GMT

Royal Bank of Scotland chief executive Stephen Hester will not accept a bonus worth almost £1m, after days of political controversy.

He had been under growing pressure to decline the shares, as his bank is largely owned by the taxpayer.

Joe Lynam reports.