Over-optimistic Darling puts up a fight.

Chancellor Alistair Darling delivered the budget yesterday. Not many people envy him his job these days, and not many people believe they can do a better job. That doesn’t mean people don’t criticize. City experts warns the Chancellor is being too optimistic when anticipating that the economy will grow by 3.5% in 2011 and continue to grow by 3% plus in the next two years. Over-optimistic Darling puts up a fight.

RBS bankers might receive ‘taxpayer’ bonus.

The Royal Bank of Scotland has been in dire straits. So dire that it had to receive £20bn of taxpayers money to not go bust. On top of that, they are expected to post losses of billions of pounds in three weeks time. So imagine my surprise when I learned today that RSB has set aside £1bn to be paid out as bonuses. For what? Is the practice of a bonus not to award someone who has helped their business succeed, not fail? RBS bankers might receive ‘taxpayer’ bonus.