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Goodwin: I will not give up any of my pension

Sir Fred Goodwin, the former head of the Royal Bank of Scotland, last night refused to give up part of his £693,000 a year pension in defiance of Gordon Brown, and in turn accused ministers of approving the terms last autumn.

Sir Fred Goodwin, the former head of the Royal Bank of Scotland, last night refused to give up part of his £693,000 a year pension in defiance of Gordon Brown, and in turn accused ministers of approving the terms last autumn.