Public pressure mounted on RBS CEO Stephen Hester and the decision by the bank’s board to award him a £1m bonus on Thursday.
After a wave of negative sentiment, and facing the prospect of a Commons vote, about him receiving 3.6 million of the bank’s shares he bowed to pressure and relinquished his bonus.
David Cameron bolstered his Air Miles account with his journey to another economic summit, this time in Davos, tasked with stimulating growth and ensuring global stability.
During his address to the World Economic Forum the prime minister emphasised the need for Europe to be ‘bolder’ in order move away from its economic troubles.
Meanwhile, at Southwark Crown Court, Harry Redknapp took to the stand accused of tax evasion relating to payments between himself and former Portsmouth football club chairman Milan Mandaric.
At one stage the Tottenham manager explained: ‘I have a big problem I can’t, I can’t write… so I don’t keep anything. I can’t work a computer, I don’t know what an email is… I’ve never sent a fax and I’ve never sent a text message.’
Later that day Redknapp continued his testimony revealing a conversation between him and his accountant in which it became clear that he had not been paid for the regular article he penned at The Sun ‘for 18 months’ despite not being able to write . Mr Redknapp, 64, denies the charges. The trial continues.
Elsewhere, the government’s proposed welfare reforms faced another hurdle, the Leveson Inquiry continued to hear evidence and the Republican party focused its attention on its Florida primary.
For the week ending Sunday 29th January the following number of articles were written in the mainstream media according to Journalisted.com.
It was a case of the usual suspects in the jostling for biggest political mover of the week but only in the fight to be runner-up. Deputy prime minister, Nick Clegg, 20 per cent increase (244 articles), and Alex Salmond, 25 per cent increase (133 articles), were far behind Vince Cable who swept into second place with a jump of 47 per cent (131 articles).
The challenge to the benefits reform bill in its passage through parliament resulted in an explosion of stories referencing the secretary of state for work and pensions, Iain Duncan Smith, who witnessed a 242 per cent increase in coverage (130 articles) compared to last week.
A blend of marketing advice, PR know-how and topical news commentary courtesy of the Journalista team. We run successful campaigns and communications strategies for a range of clients including health, communities and social care. Stay up to date with our bloggers by subscribing to our RSS feed or blog bulletin.