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RBS beats BoS pay

Royal Bank of Scotland has been paying its top executives up to 70 per cent more than rival Bank of Scotland.

Last year RBS chief executive Sir George Mathewson was paid a total of £836,000 while his BoS counterpart Peter Burt received just £486,000.

RBS also revealed it had paid its former finance director Bob Spiers a discretionary retirement bonus payment of £575,395..

Both banks are embroiled in the takeover battle for National Westminster Bank.


B&B group fights bank plans

An anti-demutualisation lobby group is trying to unite Bradford & Bingley staff to stop the building society from becoming a bank.Save Our Building Society is hoping it can bring 3,000 B&B staff together in support of seven pro-mutual resolutions. The resolutions will be presented at the societies annual general meeting in April next year.SOBS co-ordinator […]

BoE throws weight behind high-tech stocks

Bank of England governor Eddie George has thrown his weight behind the strengths of high technology stocks, undermining previous claims the stocks were more of a mixed bag by United States Federal Reserve chairman Alan Greenspan.Speaking after a top bankers meeting in Switzerland, George says: “The discussion suggested the particular strengths of high technology stocks […]

Land of rising sun offers brightest investments

Japanese equity funds have come out top in the Life & Pensions Moneyfacts/Lipper regular survey.The Japanese specialist funds sector is the best out of those covered in the survey, with an increase of more than 24 per cent in the three months till the end of November and 181 per cent in the year to […]

Boost to internet share deals

A new survey has revealed 45 per cent of private investors plan to use the Internet in their share dealings and 20 per cent intend to trade on-line in the near future.The survey of 260 people for City ShareShop showed twice as many men as women plan to trade on-line.It also showed the most popular […]


What employers should expect over the next five years

A major feature of our articles is looking into the Jelf Employee Benefits crystal ball to predict changes and trends that may influence the short and medium term shape of UK employee benefits.  By flagging such changes early we aim to provide our followers with the tools to make sensible and informed decisions on their benefits offerings.


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