... the government needs to decide how to treat pay and bonuses at nationalised and semi-nationalised companies that wish to recruit executives from the private sector. In RBS's case, there will be a row every January until the bank is sold – indeed, there will be more argy-bargy within weeks when executives below board level are handed their winnings. Doing nothing, while praying that Ed Miliband doesn't table a Commons motion, is not a policy.
An occasional glimpse into the workings of the Scottish Parliament and the Scottish Executive (or comments on anything else that takes my fancy).
31 January 2012
Another fine mess
So what, exactly, is the coalition government's current position on bonuses in the public or quasi-public sector? Or even, come to that, in the private sector? The problem is not going to disappear. As The Guardian reports:
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