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RBS bonuses to be slashed

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02-18-2009, 09:34 AM

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RBS bonuses to be slashed

Chancellor of the Exchequer Alistair Darling has announced that the Government has limited the bonus pot for staff at the RBS (RBS). The bonus total for 2008 was £2.5 billion but this will be slashed to £340 million for 2009 - and is set to be paid in shares only, said Mr Darling adding “There [...]

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