Huge bonuses for BoSI workers

HUNDREDS of Bank of Scotland Ireland (BoSI) workers affected by the firm’s Irish wind down are set to receive massive bonus payments.

Trade union representatives have confirmed employees will be given a basic wage rise worth 2.5% and a “retention” bonus of up to 50% of their salary, if they agree to transfer to independent service firm Certus.

The new group was set up by BoSI to take over the management of the bank’s €32 billion loan book here.