In recent weeks, we've received word that RBS will be "downsizing" bonuses by "at least" 30 percent this year; that it may lay off around ten percent of the staff in the coming months; and that employees have had their holiday party celebrations capped at one bag of (fun size) chips per head. So we were in need of some good news for the royalest bank of Scotland and here it is-- these chippies can throw a party! Specifically, one centered around a children's novel, which set the firm back a pretty penny but you know what? It was worth it and sorry, they're not sorry.
About 400 executives and clients were treated to entertainment including a re-creation of the wizards' high street Diagon Alley, flying Quidditch players and swooping Dementors.
The party for investment bankers, which was held late last month, is thought to have cost close to £100,000 at around £250 per guest.
The TaxPayers' Alliance claimed taxpayers would be outraged but RBS said: “Spending time with customers at events like this one strengthens our business.”