The Board of the Royal Bank of Scotland have warned the Government that if the size of bonuses is capped then they risk an exodus of staff to their competitors. They have also threatened to resign en masse if the Government imposes such a cap. Goodbye, chaps! They're the flipping idiots who got the bank into such a mess in the first place and should all have been sacked months ago! I'll do their job for half the money and, be fair, I couldn't make a worse hash of it if I tried. Moreover, there is no evidence that their competitiors would want to hire them in any case, even if they have the vacancies. Duh!
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