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19 January 2012updated 04 Oct 2023 11:47am

Two tests of Cameron’s “moral capitalism“

Will Cameron block excessive RBS bonuses and strip Fred Goodwin of his knighthood?

By George Eaton

On the day that David Cameron finally makes his long-promised speech on moral capitalism, here are two tests of his commitment to the concept. RBS, the bank, lest we forget, that we now own 83 per cent of, is planning to award its chief executive Stephen Hester a bonus of around £1.2 million, despite a halving in its share price in the last year.

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