It’s a measure of how inured we have become to the excesses of bankers, and how numbed by high numbers, that when TSB announced its pay policy recently a limit on the maximum pay of its chief executive to £1.65 million — 65 times the average salary of its ordinary staff — could be presented as modest.
Tag: TSB
After the Co-operative Bank pulled out, Lloyds is now to launch 632 branches as a standalone business on the stock market. Could there be an opportunity here for Scotland to regain a bank headquarters?