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Osborne to battle for bank bonuses

Osborne to battle for bank bonuses
George Osborne will stick up for the right of British banks to pay large bonuses when he meets with European finance ministers next week.

At the meeting on Tuesday, the Chancellor will argue that proposals for a 1:1 bonus to pay ratio are the wrong way to tackle excessive remuneration in the City.

Green Box: Osborne to battle for bank bonusesClick to open

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