As chief executive for a company that is 70 percent owned by the government, a 9.6 million pounds pay package is quite a tidy sum.

It is a package that makes Royal Bank of Scotland chief executive Stephen Hester almost as well as paid as the Real Madrid-bound Cristiano Ronaldo.

True the package has caveats - it is dependent on targets including shareholder return and absolute share performance - and is line with other British banking chiefs.

But in these more frugal post-global downturn times does that make it right? In trying to get itself shipshape, RBS has slashed over 15,000 jobs as it received its £20 billion pounds government bailout.

As details of the pay package were revealed it also emerged that RBS, which has been pilloried over the pension awarded to Hester’s predecessor Fred Goodwin, will be spending £300,000 on corporate entertainment at Wimbledon over the next fortnight. Doh!

Given the taxpayer-funded bailout of RBS is Hester worth £9.6m?

A selection of the week’s best images from Britain.  Click here if you would like to see it as a slideshow.

U.S. actor Mickey Rourke arrives for the UK premiere of his film “The Wrestler” at Leicester Square in London on January 5, 2009. REUTERS/Luke MacGregor

Police examine the car of Manchester United’s Portuguese soccer player Cristiano Ronaldo after it crashed in a tunnel near Manchester Airport on January 8, 2009. Ronaldo was not injured after crashing his Ferrari into a barrier in a tunnel beneath the runways. REUTERS/Phil Noble

People stand outside a shop displaying a ’sale’ sign on Oxford Street in London on January 1, 2009. REUTERS/Kieran Doherty

A police officer walks across a sea of shoes after demonstrators threw shoes near Downing Street during a protest against the Israeli attacks on Gaza at Trafalgar Square in London on January 3, 2009. REUTERS/Luke MacGregor

A duck walks across a frozen lake in the Sence Valley on January 6, 2009. REUTERS/Darren Staples

Woolworths employees embrace as they wait for the last shoppers to leave the building on the final trading day of a store in Edinburgh on January 6, 2009. REUTERS/David Moir

Prince William delivers a speech in west London January 8, 2009. REUTERS/Toby Melville