RBS Hester bonus should have been allowed, says editor

City AM editor Allister Heath said the government should not have interfered in the controversial £1m bonus to RBS boss Stephen Hester, describing the affair as "a giant mess".

He said the government and opposition were both performing U-turns and Mr Hester should not have been offered a bonus if politicians did not want him to take it.

The bank boss has waived the £963,000 in shares, but the government said it would not block bonuses to other RBS executives.

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