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Cartoon: Banksy Bonus

Banksy Bonus cartoon about financial bonuses paid to Bob Diamond and Stephen Hester of Barclays and Royal Bank of Scotland after taking financial help from the UK taxpayer © Matthew Buck Hack Cartoons

All Rights Reserved © Matthew Buck Hack Cartoons

Financial bonuses for Royal Bank of Scotland chief executive Stephen Hester and his directors have been reported this week. The bank is almost entirely owned by the government of the UK on behalf of its taxpayers. The Telegraph report linked above indicates that many of the bad debts incurred by the bank are approaching ‘maturity’ or the point where they need to be repaid or renegotiated.

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