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Page last updated at 14:25 GMT, Monday, 26 October 2009

Tories urge bank cash bonus limit

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High Street banks should be banned from paying "significant" cash bonuses, shadow chancellor George Osborne has said.

The Tories claim this could free-up up to £20bn which could then be lent to businesses and consumers.

But the Treasury accused Mr Osborne of "hypocrisy", adding the Tories had not backed plans to support businesses.

Hugh Pym reports.

READ MORE: Tories urge bank cash-bonus limit

SEE ALSO

Osborne: Stop big cash bonuses(01.07)
Darling welcomes banks bonuses curb(01.22)
Should banks face a windfall tax?(02.35)

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