"We are all in this together." David Cameron, UK Prime Minister.

This is the Plymouth branch of The Royal Bank of Scotland, which recently confirmed that it is paying out £785m in executive bonuses despite recording another loss – of £2bn – last year.

The bank announced the fourth consecutive year of losses since its October 2008 bailout to the tune of £45 billion by UK taxpayers. 
The state currently owns 82% of the shares in RBS for which it paid, on average 50.53 pence per share. The share price is currently standing at 28.02 pence, so getting our money back looks a long way off. 


Are we really all in this together?