From today's FT.....
Lord Myners, City minister, was told of Sir Fred Goodwin’s “enormous” pension rights and made no effort to stop the ex-chief executive of Royal Bank of Scotland receiving them, the former chairman of the rescued bank said on Tuesday.
Sir Tom McKillop, in a letter to MPs, denied claims by Lord Myners that RBS had engaged in an “elaborate ruse” to double Sir Fred’s pension to £703,000 a year, and accused him of making “unfair and unjustified” allegations.
Who is going to take the long walk first; Jacqui Smith or Lord Myners? It is a tough question, but I think the answer will come to us very quickly.