Summary
A CAP on bonuses paid to City bankers would be "unenforceable", Chancellor of the Exchequer Alistair Darling warned yesterday.
Proposals to curb excessive pay and bonuses are being pushed by European nations at the two-day meeting of finance ministers from the G20 group of major economies being hosted by Mr Darling in London until today.See the full content of this document
Extract
Proposed Cap On Bonuses 'Would Be Unenforceable'
But the Chancellor warned that the simple cap favoured by countries such as France would not be practical, as top...
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