Goodwin to hand back �200k of pension

FORMER Royal Bank of Scotland boss Sir Fred Goodwin is to hand back some of his controversial �703,000-a-year pension, it emerged today.

FORMER Royal Bank of Scotland boss Sir Fred Goodwin is to hand back some of his controversial �703,000-a-year pension, it emerged today.

Sir Fred is understood to be preparing to hand back up to �200,000 a year, which would cut the value of his pension pot by around �4 million.

The ex-RBS chief executive caused public outcry when he refused to make any change to his pension, despite playing a part in the near-collapse of the banking giant.


You may also want to watch:


Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter
Comments powered by Disqus