The High Pay Centre is an independent non-party think tank established to monitor pay at the top of the income distribution and set out a road map towards better business and economic success

Worth a listen:

Can the bonus culture in the City change?

RBS boss Stephen Hester has bowed under pressure to refuse his bonus of shares worth almost a £1m. City AM editor Allister Heath and Deborah Hargreaves Director of the High Pay Centre debate whether the culture of high pay in banking is changing on the Today Programme.

Listen to it here.