Guardian – Nick Clegg will issue a blunt warning to Britain’s state-controlled banks that they will face tough restrictions if they attempt to introduce “irresponsible payments” during the forthcoming bonus season.
As George Osborne and Vince Cable push ahead with plans to prevent future state bailouts, by separating high street lenders from “casino” investment banking, the deputy prime minister will declare that there will be no let-up in clamping down on bonus payments.
