Hester’s Bonus

I find the thought that Royal Bank of Scotland boss Stephen Hester has been offered a bonus of £963,000 to be quite obscene. Whether or not he accepts it, the Board of Directors has clearly lost all touch with reality to sanction such a payout. Can they not comprehend how angry this makes ordinary people? The tottering bank had to be bailed out by government and is now 82% owned by the taxpayer – effectively, this is our money! Perhaps the time has come for the whole Board to be dismissed and start again with new people who have some sense of morality. Either that or they should just come clean and re-name it the Royal Bank of Freeloaders.

Cllr Dave Taylor

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