Goodwin may flee Britain - reports

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Sir Fred Goodwin might leave Britain to escape the escalating row over his £703,000-a-year pension.

According to reports, 50-year-old Goodwin has been considering the move for some time and has already taken his two children out of school. It emerged yesterday Goodwin's annual pension was almost £300,000 higher than the £416,000 originally reported. Goodwin has agreed a £703,000-a-year deal which he is guaranteed for life. It has also emerged City minister Lord Myners was told of the size of the £16million pension pot but failed to spot part of the package could have been cancelled before signing it off. The Government is now bidding to withhold some of Goodwin's retirement cash and...

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