If RBS’s board is not held to account, it could become a new Leyland
To avoid disaster, RBS’s global markets division – the failing part of RBS – should be closed so the state can focus on its investment elsewhere.
To avoid disaster, RBS’s global markets division – the failing part of RBS – should be closed so the state can focus on its investment elsewhere.
One Society’s Larissa Hansford argues that businesspeople don’t know the first thing about what is and isn’t “anti-business”.
Alex Hern examines the common link between the appalling bad RBS quarter, and the appallingly good Centrica one: Rewards for failure.
Alex Hern counters Guido Fawke’s spin that stopping Hester’s bonus cost the taxpayer £320 million.
The government has the power to do exactly what it says it can’t, and stop Stephen Hester, the director of the failed RBS bank, getting a million pound bonus.
Shamik Das reports on RBS chief Stephen Hester’s obscene bonus and pay packages – which could see him receive seven million pounds for 2011.
Alex Hern reports on the David Cameron’s interview in this morning’s Financial Times, and the FT’s policy prescriptions for the eurozone.
George Irvin responds to Nick Clegg’s share giveaway idea for the bailed-out RBS and Lloyds.
Ed Balls today called on the government to “urgently explain” the impact on public finances of Nick Clegg’s proposals to give away shares in the bailed-out banks.
George Osborne, caught between conflicting interests, is not carrying out the necessary banking reforms to ensure the stability of the industry.