The UK Financial Investments Ltd (UKFI) has written to the Royal Bank of Scotland (RBS) to approve its £1.3 billion in bonuses to its investment bankers.The Treasury, through the UKFI, had the right to veto any bonus deal after the bank participated in the Government’s Asset Protection Scheme (APS) - one of the conditions of [...]

More: Government approves £1.3bn RBS bonuses

So all those billions they took from the taxpayer to bail them out, and nothing changes. Unbelievable!

That money also includes the bonuses of normal staff who don't get paid particularly well.

RBS has approximately 19,000 employees, but the press concentrate on the tiny percentage at the top.