Bonus for RBS boss sparks debate

Press Association
Stephen Hester
Stephen Hester

Danny Lawson/PA Wire/Press Association Images

A £963,000 bonus for the boss of a taxpayer-funded bank has been attacked as "out of touch" by Labour, as a government minister claimed he had a public "duty" to refuse it.

Royal Bank of Scotland chief executive Stephen Hester's payout was limited to around 60% of the maximum following intense political pressure.