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After the collapse of the US sub-prime mortgage market, the global economy is in the throes of a credit crunch.

Fred Goodwin (Getty)

Sir Fred bows to pension pressure  »

After mounting pressure for him to hand back his lucrative pension, former RBS boss Sir Fred Goodwin volunteers a £200,000 a year reduction. John Sparks reports.


Goodwin's £200,000 a year pension shred  »

Former RBS chief executive Sir Fred Goodwin is reported to have volunteered a £200,000 a year reduction in his pension. Andrew Thomas reports.

Fred Goodwin (Getty)

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