I see in the paper that BAA have appointed Royal Bank of Scotland to advise on the sale of Gatwick Airport.
That will be the same bank that paid their CEO four million quid last year while their share price has dropped to 90p from a high of £4.79.
Mind you thet have spread the risk by also asking HSBC for advice. Their CEO only helped himself to a modest £3.54 million.
So how is this going to work how about a couple of posters up in the Redhill branch of Knight Frank and Rutly and a For Sale sign at the end of the runway while the CEOs trouser a couple of million and the pension funds gets Royally stuffed again.
