The chief executive of Royal Bank of Scotland Stephen Hester has told ITV News he was "within inches of quitting" during row over his bonus. He also told sixth formers at a school in Streatham in south London that "life is not about money."
A student has asked the RBS boss Stephen Hester if the 2008 crisis showed that free market capitalism is only 'great in theory' and that it does not work as in practice. Mr Hester answered:
One of the most intriguing things Stephen Hester told me today is what he thinks of the Bank of England's programme of printing money.
ITV News' Business Editor spends the day with RBS boss Stephen Hester as he visits a school and businesses in Streatham in South London.