Thanks to a mob mentality of those who are ill-informed or just plain stupid. Forcing the RBS Chief to refuse his bonus has just written £320,000,000 (the loss is growing see) off the market cap of RBS.
That means this whole debacle has cost the taxpayer at least £262,400,000. Paying the bonus in the first place would have cost the tax payer nothing, the payment was coming out of profits.
And as for the idiots who think good money is being thrown after bad at RBS. RBS is owned by the taxpayer and not funded.
Well done to the Ed Millerband and the cronies.