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Cameron's disgraceful failure of leadership on RBS bonus - Ed Miliband
27 January 2012
Ed Miliband MP, Leader of the Opposition and Leader of the Labour Party, said on Stephen Hester’s bonus:
"This is a disgraceful failure of leadership by David Cameron. The public won't understand why, after all his promises, he has decided to sign off a million pound bonus for Stephen Hester.
“He's spent weeks saying that shareholders should play a more active role in reining in excess where they see it, but at the first chance to act for a bank the public own the Prime Minister has just nodded it through.
“He owns through the British Government 83 per cent of the Royal Bank of Scotland. The bonus should have been blocked.
“People will be appalled that nothing has been done about this."
