Outrage at RBS boss's bonus payout

Link to the article Channel 4

Politicians and unions have criticised as "out of touch" the £963,000 bonus package awarded to Royal Bank of Scotland boss Stephen Hester.



The £963,000 worth of shares will be awarded to Hester on top of his £1.2m salary.

It is less than half the value of last year's all-shares bonus and comes after Prime Minister David Cameron made it clear that he considered a seven-figure sum would be unacceptable.