Rbs Chief Defends Pounds 7.7m Pay Package ; Ukbulletins

Western MailMarch 17, 2011

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THE head of taxpayerbacked Royal Bank of Scotland (RBS) claimed yesterday his pay was "at the low end of comparable jobs" as he faced criticism from MPs about the size of his pounds 7.7m package.

Questioned by the Commons Public Accounts Committee about his remuneration, Stephen Hester said it was "in the hands of others" and that no-one was "forced to employ" him.

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Rbs Chief Defends Pounds 7.7m Pay Package ; Ukbulletins

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