28/01/2012

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:00:15. > :00:18.The chairman of the Royal Bank of Scotland gives up his �1.4 million

:00:18. > :00:24.bonus. Sir Philip Hampton's decision places new pressure on the

:00:24. > :00:28.company's chief executive, Stephen Hester to follow suit.

:00:28. > :00:31.Four Sun journalists and a serving police officer are arrested over

:00:31. > :00:36.allegations of illegal payments to the police.

:00:36. > :00:42.COMMENTATOR: Kuyt! A shock for Manchester United as Liverpool

:00:42. > :00:48.knock them out of the FA Cup. COMMENTATOR: It is getting

:00:48. > :00:58.underneath that one. He has taken And a humiliating collapse for

:00:58. > :01:03.

:01:03. > :01:07.England as Pakistan bowl them out for 72 runs.

:01:07. > :01:11.Good evening. The chairman of Royal Bank of

:01:11. > :01:15.Scotland, Sir Philip Hampton, has given up a bonus amounting to �1.4

:01:15. > :01:18.million in shares which he was due to receive this year. The BBC has

:01:18. > :01:22.been told that he decided it would not be appropriate to receive the

:01:22. > :01:27.award and took the decision before the recent controversy over the

:01:27. > :01:31.bonus of more than �900,000, awarded to the company's chief

:01:31. > :01:37.executive, Hester he. Robert Peston, our Business Editor has this

:01:37. > :01:41.exclusive report. The Royal Bank of Scotland, it's

:01:41. > :01:44.been 24 hours here of different messages about rewards for bankers.

:01:44. > :01:50.First, Stephen Hester, Royal Bank of Scotland' chief executive, was

:01:50. > :01:55.awarded a bonus payable in shares of just over �963,000, sparking a

:01:55. > :01:57.massive political row. Then today, the BBC has learned that Stephen

:01:57. > :02:03.Hester's boss, Sir Philip Hampton, chairman of the Royal Bank of

:02:03. > :02:07.Scotland, has asked the bank's remuneration Committee not to award

:02:07. > :02:10.him Royal Bank of Scotland shares worth �1.4 million to which he is

:02:10. > :02:13.entitled. What does the biggest share holder

:02:13. > :02:16.in Royal Bank of Scotland, the Government, make of this contrast?

:02:16. > :02:21.Does the Prime Minister think that Stephen Hester should follow Sir

:02:21. > :02:26.Philip Hampton's example and now refuse his bonus or give it away?

:02:26. > :02:29.That is obviously his decision. My decision is to ensure that the team

:02:29. > :02:33.of Royal Bank of Scotland get on with the job of turning the bank

:02:33. > :02:37.around. We made the views clear about the bonus. Which is why it

:02:37. > :02:42.was cut in half compared to last year.

:02:42. > :02:48.Sir Philip Hampton's decision to the to take the bonus is consistent

:02:48. > :02:53.with views that the bankers are overpaid. In an interview he

:02:53. > :02:58.explained that last year. This means that thousands of people

:02:58. > :03:02.over bonuses are extraordinarily highly paid. The most peculiar

:03:02. > :03:07.thing about it, looking at the last ten years of massive increase in

:03:07. > :03:10.pay is that the performance for share holders has been disastrous,

:03:10. > :03:14.really. George Osbourne reiterated today that Royal Bank of Scotland

:03:14. > :03:17.had listened to his submissions that Stephen Hester's bonus should

:03:17. > :03:20.be reduced from last year's �2 million.

:03:20. > :03:25.Now we know that the chairman of Royal Bank of Scotland Think it is

:03:25. > :03:28.is inappropriate to get a �1 million bonus. The only people left

:03:28. > :03:32.to think it is appropriate are the Chancellor and the Prime Minister,

:03:32. > :03:35.but they have a chance to listen to the public. They can block the

:03:35. > :03:40.bonus at the share holder meeting in April. That is what they should

:03:40. > :03:44.Ministers would love it if Stephen Hester was on the same pay as them,

:03:44. > :03:47.but that was not the basis on which he took the job of rescuing Royal

:03:47. > :03:52.Bank of Scotland three years ago and as the Prime Minister said

:03:52. > :03:59.today, replacing him now could be much more expensive than paying his

:03:59. > :04:03.�1 million bonus. Detectives investigating suspected payments to

:04:03. > :04:07.police for information have arrested five people. Four of them

:04:07. > :04:12.are understood to be journalists or former journalists of the Sun

:04:12. > :04:20.newspaper. A serving police officer has been arrested too.

:04:20. > :04:26.We have Tom Symonds me now. Tell us more about the arrests? They

:04:26. > :04:31.happened this morning. The police went to two homes in Essex and to a

:04:31. > :04:37.home in north London. Four journalists, either past or present

:04:37. > :04:43.senior members at the Sun and a serving member of the Metropolitan

:04:43. > :04:47.Police. They had been picked up as part of Operation Elveden looking

:04:48. > :04:52.at corrupt payments to journalists on stories.

:04:52. > :04:58.What is the significance of this now? These are senior people. The

:04:58. > :05:04.police had arrested one person from the Sun. This is four. One of those

:05:04. > :05:08.arrested, Chris Pharo is the head of news at the Sun. One is a editor

:05:08. > :05:12.at the paper. It has had a big effect at News International. They

:05:12. > :05:16.sent an e-mail to staff saying that this was very difficult news but

:05:16. > :05:20.that they were confronting past mistakes, making changes to their

:05:20. > :05:24.practises. Why say that? It seems that they gave the information as

:05:24. > :05:28.part of an investigation internally to the police that led to today's

:05:28. > :05:32.arrests. So in effect the company gave up its own skaf staff. Now

:05:32. > :05:36.they are being questioned, there are no charges yet. There are no

:05:36. > :05:41.suggestions of guilt. Bur there is one other fact that is interesting,

:05:41. > :05:45.that is that some of piece people date back to the days of Rebekah

:05:45. > :05:48.Brookes editing the Sun newspaper. She was once the chief executive of

:05:48. > :05:51.News International. She resigned. So I think that this whole

:05:51. > :05:57.operation has gotten a lot bigger today.

:05:57. > :06:04.Tom, thank you. The rab league has said it is

:06:04. > :06:08.suspending its on -- observation mission in Syria. They are to stop

:06:08. > :06:12.its work for the time being. Opponents of President Bashar al-

:06:12. > :06:16.Assad say about 150 people have been killed in the last three days.

:06:16. > :06:25.Liverpool have knocked Manchester United out of the FA Cup, beating

:06:25. > :06:28.them 2-1 at Anfield. The match was the first since Saurez was given an

:06:28. > :06:34.eight-match ban for racial abuse against Patrice Evra.

:06:34. > :06:38.John Terry made his first return to Loftus Road since being charged

:06:38. > :06:46.with racially abusing Rangers Anton Ferdinand. He was not playing, but

:06:46. > :06:52.he was impossible to ignore. Scarfs, shirts, you could even by a Suar

:06:52. > :06:59.efrbgs z mask, a reminder of what happened last time. He was

:06:59. > :07:05.suspended but looked on as the opponent he was accused of abusing,

:07:05. > :07:12.Patrice Evra returned. There were a plead for passion, rather than

:07:12. > :07:18.poison, but the touch of Patrice Evra, was roundly booed. The match

:07:18. > :07:26.was grier, prompting jubilation in the stands. United responded in

:07:26. > :07:29.style, with Parks in a great style and finish. With three minutes left,

:07:29. > :07:32.Kuyt struck and Liverpool were through.

:07:32. > :07:37.Contrasting emotions at Liverpool fans celebrated for them, the

:07:37. > :07:41.sweetest of wins. But for all of the drama, this

:07:41. > :07:46.fixture has been a headache for the authorities it was not the only one

:07:46. > :07:50.on a day when the conduct of fans and players came under the sternest

:07:50. > :07:53.scrutiny. At Queens Park Rangers there was

:07:53. > :07:57.tightened security as Chelsea returned for the first time since

:07:57. > :08:03.their captain John Terry was charged with racially abusing Anton

:08:03. > :08:08.Ferdinand. Both played, and the FA agreed to scrap the usual pre-match

:08:08. > :08:14.hand-shakes to diffuse the tension. The game seemed overshadowed, a

:08:14. > :08:21.penalty for Chelsea and that was pretty much it. During and after

:08:21. > :08:24.the match, John Terry was booed by QPR fans an uncomfortable end to

:08:24. > :08:30.what for football has been an uncomfortable day.

:08:30. > :08:35.Pakistan have beaten England in the second test in Abu Dhabi. It gives

:08:35. > :08:40.them an unassailable 2-0 win lead in the series.

:08:40. > :08:45.Here is Joe Wilson. In truth, there was little mystery

:08:45. > :08:55.to the victory. Pakistan knew how to embarrass England, spin.

:08:55. > :09:02.They got rid of Cook, but Ian Bell seemed bemused by the tackle.

:09:02. > :09:09.There was there from Ajmal. Kevin Pietersen lasted eight balls. LBW

:09:09. > :09:15.to Raymond's left arm spin. Now there was panic. Morgan was

:09:15. > :09:20.powerless. England 37-4. The victory target may have been 1,000,

:09:20. > :09:24.when Andrew Strauss fell for 32.Erson was last out. All of the

:09:24. > :09:29.significance was in the celebrations. Pakistan had just

:09:29. > :09:34.humbled the world's best team again. Well, tentative, fearful, all of