News and Politics | December 03, 2009 | 3 comments

Bankers "need to join real world"

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City Minister Lord Myners has told bankers to "come back to the real world".

He has stressed that it is unrealistic for them to expect huge bonuses in excess of a million pounds.

Lord Myners has estimated that at least 5,000 bankers in the UK will earn more than £1m this year. If RBS attempt to do the same for their high profile bankers the treasury intend to interneve in the interest of taxpayers.

http://news.bbc.co.uk/1/hi/business/8392791.stm
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