Goodwin mulls returning portion of £17m pension

Speaking ahead of a difficult AGM for RBS this afternoon, chairman Sir Philip Hampton said Sir Fred was considering a climb-down. Sir Philip said: 'I've asked Sir Fred if he would consider a voluntary reduction and he's told me he's thinking about that.' He said RBS is taking legal advice as to whether it can retrieve any of the funds. Hampton also called for an end to RBS's 'public flogging' in a week which saw G20 protestors vandalise the bank's City branch. RBS is now 70% owned by the state and is planning to shed at least 2,700 staff this year in a bid to cut £2.5bn from annual co...