Categorized | Business News

RBS To Spend £300k For Top Execs At Wimbledon

rbsIt has been reported that Royal Bank of Scotland (RBS) are to spend £300,000 at Wimbledon on their company exectutives dispite the company being in a financial mess.  This has caused fury as tax payers bailed out the bank with £20billion only last year.

An MP was quoted for saying that he felt the extravgence of RBS is “disgusting” at the amount of money they are laying on for a few days at Wimbledon.

The bank is currently 70% owned by the state and taxpayers are also guaranteeing more than £325billion in toxic assets.

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