VIDEO: Cameron challenged over RBS bonuses

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In response to challenges from Labour leader Ed Miliband, the Prime Minister said the existing £2,000 bonus cap would continue to apply and he also promised to veto proposals to increase the overall pay bill.

Labour tabled a parliamentary motion calling on the Government, as the majority shareholder in RBS, to reject any request from the bank for permission to pay bonuses of up to double an employee’s annual salary.

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