Express: A £2Bn loss, yet the state-owned RBS is paying £800M bonuses
Last night, John O’Connell, research director of the TaxPayers’ Alliance, said: “Taxpayers are still far away from getting their money back from the bail-out, so they’ll wonder whether the value they have got as majority shareholders of RBS justifies this massive bonus pot.
“It’s crucial that the state-owned banks are returned to private hands as soon as is practically possible to remove the burden of propping up the bank from taxpayers.”
