28/01/2012 BBC Weekend News


28/01/2012

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The chairman of the Royal Bank of Scotland gives up his �1.4 million

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bonus. Sir Philip Hampton's decision places new pressure on the

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company's chief executive, Stephen Hester to follow suit.

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Four Sun journalists and a serving police officer are arrested over

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allegations of illegal payments to the police.

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COMMENTATOR: Kuyt! A shock for Manchester United as Liverpool

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knock them out of the FA Cup. COMMENTATOR: It is getting

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underneath that one. He has taken And a humiliating collapse for

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England as Pakistan bowl them out for 72 runs.

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Good evening. The chairman of Royal Bank of

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Scotland, Sir Philip Hampton, has given up a bonus amounting to �1.4

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million in shares which he was due to receive this year. The BBC has

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been told that he decided it would not be appropriate to receive the

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award and took the decision before the recent controversy over the

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bonus of more than �900,000, awarded to the company's chief

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executive, Hester he. Robert Peston, our Business Editor has this

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exclusive report. The Royal Bank of Scotland, it's

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been 24 hours here of different messages about rewards for bankers.

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First, Stephen Hester, Royal Bank of Scotland' chief executive, was

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awarded a bonus payable in shares of just over �963,000, sparking a

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massive political row. Then today, the BBC has learned that Stephen

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Hester's boss, Sir Philip Hampton, chairman of the Royal Bank of

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Scotland, has asked the bank's remuneration Committee not to award

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him Royal Bank of Scotland shares worth �1.4 million to which he is

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entitled. What does the biggest share holder

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in Royal Bank of Scotland, the Government, make of this contrast?

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Does the Prime Minister think that Stephen Hester should follow Sir

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Philip Hampton's example and now refuse his bonus or give it away?

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That is obviously his decision. My decision is to ensure that the team

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of Royal Bank of Scotland get on with the job of turning the bank

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around. We made the views clear about the bonus. Which is why it

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was cut in half compared to last year.

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Sir Philip Hampton's decision to the to take the bonus is consistent

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with views that the bankers are overpaid. In an interview he

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explained that last year. This means that thousands of people

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over bonuses are extraordinarily highly paid. The most peculiar

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thing about it, looking at the last ten years of massive increase in

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pay is that the performance for share holders has been disastrous,

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really. George Osbourne reiterated today that Royal Bank of Scotland

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had listened to his submissions that Stephen Hester's bonus should

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be reduced from last year's �2 million.

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Now we know that the chairman of Royal Bank of Scotland Think it is

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is inappropriate to get a �1 million bonus. The only people left

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to think it is appropriate are the Chancellor and the Prime Minister,

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but they have a chance to listen to the public. They can block the

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bonus at the share holder meeting in April. That is what they should

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Ministers would love it if Stephen Hester was on the same pay as them,

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but that was not the basis on which he took the job of rescuing Royal

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Bank of Scotland three years ago and as the Prime Minister said

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today, replacing him now could be much more expensive than paying his

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�1 million bonus. Detectives investigating suspected payments to

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police for information have arrested five people. Four of them

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are understood to be journalists or former journalists of the Sun

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newspaper. A serving police officer has been arrested too.

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We have Tom Symonds me now. Tell us more about the arrests? They

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happened this morning. The police went to two homes in Essex and to a

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home in north London. Four journalists, either past or present

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senior members at the Sun and a serving member of the Metropolitan

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Police. They had been picked up as part of Operation Elveden looking

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at corrupt payments to journalists on stories.

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What is the significance of this now? These are senior people. The

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police had arrested one person from the Sun. This is four. One of those

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arrested, Chris Pharo is the head of news at the Sun. One is a editor

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at the paper. It has had a big effect at News International. They

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sent an e-mail to staff saying that this was very difficult news but

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that they were confronting past mistakes, making changes to their

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practises. Why say that? It seems that they gave the information as

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part of an investigation internally to the police that led to today's

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arrests. So in effect the company gave up its own skaf staff. Now

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they are being questioned, there are no charges yet. There are no

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suggestions of guilt. Bur there is one other fact that is interesting,

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that is that some of piece people date back to the days of Rebekah

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Brookes editing the Sun newspaper. She was once the chief executive of

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News International. She resigned. So I think that this whole

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operation has gotten a lot bigger today.

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Tom, thank you. The rab league has said it is

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suspending its on -- observation mission in Syria. They are to stop

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its work for the time being. Opponents of President Bashar al-

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Assad say about 150 people have been killed in the last three days.

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Liverpool have knocked Manchester United out of the FA Cup, beating

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them 2-1 at Anfield. The match was the first since Saurez was given an

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eight-match ban for racial abuse against Patrice Evra.

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John Terry made his first return to Loftus Road since being charged

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with racially abusing Rangers Anton Ferdinand. He was not playing, but

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he was impossible to ignore. Scarfs, shirts, you could even by a Suar

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efrbgs z mask, a reminder of what happened last time. He was

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suspended but looked on as the opponent he was accused of abusing,

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Patrice Evra returned. There were a plead for passion, rather than

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poison, but the touch of Patrice Evra, was roundly booed. The match

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was grier, prompting jubilation in the stands. United responded in

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style, with Parks in a great style and finish. With three minutes left,

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Kuyt struck and Liverpool were through.

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Contrasting emotions at Liverpool fans celebrated for them, the

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sweetest of wins. But for all of the drama, this

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fixture has been a headache for the authorities it was not the only one

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on a day when the conduct of fans and players came under the sternest

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scrutiny. At Queens Park Rangers there was

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tightened security as Chelsea returned for the first time since

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their captain John Terry was charged with racially abusing Anton

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Ferdinand. Both played, and the FA agreed to scrap the usual pre-match

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hand-shakes to diffuse the tension. The game seemed overshadowed, a

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penalty for Chelsea and that was pretty much it. During and after

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the match, John Terry was booed by QPR fans an uncomfortable end to

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what for football has been an uncomfortable day.

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Pakistan have beaten England in the second test in Abu Dhabi. It gives

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them an unassailable 2-0 win lead in the series.

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Here is Joe Wilson. In truth, there was little mystery

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to the victory. Pakistan knew how to embarrass England, spin.

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They got rid of Cook, but Ian Bell seemed bemused by the tackle.

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There was there from Ajmal. Kevin Pietersen lasted eight balls. LBW

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to Raymond's left arm spin. Now there was panic. Morgan was

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powerless. England 37-4. The victory target may have been 1,000,

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when Andrew Strauss fell for 32.Erson was last out. All of the

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significance was in the celebrations. Pakistan had just

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humbled the world's best team again. Well, tentative, fearful, all of

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