Royal Bank of Scotland, now 70 per cent state-owned, is the latest company to come under fire for corporate entertaining after it emerged it will spend up to £300,000 at Wimbledon.
As the first day of play got underway, RBS was facing criticism for its lavish corporate entertainment package at the 13-day event. According to an email leaked to the Mail on Sunday, RBS will splash out £19,500 a day on an entertainment suite hosting more than 40 guests during the tournament.
A spokeswoman for RBS said the Wimbledon deal was a long-standing agreement.
“We have cut our hospitality by 90 per cent this year to recognise the reality of our situation. The cost of the Wimbledon event is already sunk in and contracted. We are using it to support our charity partners and customer relationships, which are vital to our success,” she said.