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Jet blast

While the rest of us are cutting down and swapping our triple quilted toilet tissue for the supermarket’s budget range, it was good to see Royal Bank of Scotland trimming some of its spending.

Newspaper reports last week claimed RBS had ordered a corporate jet from French executive jet-maker Dassault Aviation several years ago, but cancelled the order last autumn as the financial crisis escalated.

The plane, a Falcon 7X business jet, was reported as being a state-of-the-art luxury model which costs up to £35m and can fly almost 6,000 nautical miles without having to refuel.

Mole wonders if Sir Fred Goodwin, the former chief executive of RBS, will be sending his pension back along with the corporate jet. Fingers crossed.


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