Osborne files bonus complaint
George Osborne has filed a formal complaint against Brussels over plans to cap bankers' bonuses due to fears the move will backfire and drive up salaries.
Chancellor picks fight with EU over bankers' bonus cap
Chancellor George Osborne is picking a fight with the European Union over their plans to limit the amount bankers can receive in bonus payments to a sum no more than 200% of their salary.
Mr Osborne says he is worried about the damage such a cap would do to London's global reputation, and he says the bonus cap may actually have help drive up bankers' wages.
Business Editor Laura Kuenssberg reports.
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