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RBS


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25 January 2012

Financial vultures kill Peacocks

249 workers have been shown the door at Peacocks' head office in Cardiff following the retail company going into administration, writes Dave Reid, Wales Socialist Party.

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11 January 2012

Fat cat pay: empty words from Cameron

Prime minister David Cameron now tells us that he is determined to announce action in this spring's Queen's speech on the phenomenally high pay of 'fat cat' company executives, writes Roger Shrives.

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23 November 2011

Mansfield - build houses, create jobs

2,000 young people in Mansfield, Nottinghamshire can't find work. Over 9,000 people in Mansfield are on the council housing waiting list. So why have building workers been thrown on the dole?

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9 November 2011

News in brief

Bonus bonanza: RBS, the bank that became synonymous with greedy speculative bankers (Fred 'the shred' Goodwin), huge corporate losses and publicly funded bailouts, has once again rewarded its top investment bankers with a £500 million pay and bonus pot...

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3 March 2011

News in brief

Energy rip-off: British Gas, the privatised energy giant, recently announced a 24% surge in profits in 2010. This was largely achieved on the back of screwing its customers with higher bills. Its parent company Centrica...

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1 September 2010

Jobs threat at RBS

On 26 August RBS announced a restructuring plan that will result in the closure of 14 insurance sites and the loss of 2,000 jobs, writes A Bristol call centre worker (Unite).

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3 March 2010

The fairytale world of RBS

Comment: IMAGINE WORKERS raiding their firm's safe every week to bet on horses. They stick the money, plus any winnings, back in the safe but keep a large cut for themselves. Now, imagine the workers betting most...

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3 November 2009

RBS/Lloyds - Yet more bailouts and job cuts

DISGRACED EX-RBS boss, Fred 'the shred' Goodwin (notorious for sacking workers), must have produced a wry smile when the government instructed the largely nationalised bank to sell off 318 high street branches shedding a further 3,700 workers...

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24 June 2009

Another RBS rip-off payout

STEPHEN HESTER, the new boss at the Royal Bank of Scotland (RBS) who replaced disgraced chief executive Fred Goodwin, is in line to receive a £10 million pay package...

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4 March 2009

RBS pension scandal: Not a penny for these fat cats!

RESEMBLING SOME kind of feudal payment in perpetuity, sacked Royal Bank of Scotland boss Sir Fred Goodwin's £693,000 annual pension is absolutely outrageous, writes Pete Mason.

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