Tweet
http://www.walesonline.co.uk/news/uk...sam%3A20110419
The controversial £7.7 million pay package awarded to Royal Bank of Scotland boss Stephen Hester is expected to be given the all-clear by the Government despite widespread backlash over the deal.
UK Financial Investments (UKFI), which manages the Government's bank assets, is reportedly planning to give its backing when shareholders cast their vote on RBS pay plans at the group's annual meeting in Edinburgh.
The controversial £7.7 million pay package awarded to Royal Bank of Scotland boss Stephen Hester is expected to be given the all-clear by the Government despite widespread backlash over the deal.
UK Financial Investments (UKFI), which manages the Government's bank assets, is reportedly planning to give its backing when shareholders cast their vote on RBS pay plans at the group's annual meeting in Edinburgh.
Comment