As Hester still gets £6m bonuses, the utterly destitute lose Social Fund
There are two different universes at Westminster, completely disconnected. One is about Hester who has sacked thousands and still presides over RBS languishing at a share price only half of what taxpayers paid for in the bailout, but who has already on top of his £550,000 salary (£10,575 a week) gained £11m in bonuses and incentives and looks set to pick up another £6m for a fairly unexceptional performance. The other is about the poorest of the poor – those suddenly struck down by a breakdown or accident beyond their control, or evicted and made homeless, or an abused wife escaping a violent partner, or a man deprived of his job and left penniless by epileptic fits – the causes of human misery are endless – all of whom are about to lose their final lifeline, the Social Fund, which the IDS anti-welfare bill is abolishing. Does one impact...
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