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Page last updated at 10:01 GMT, Saturday, 3 April 2010 11:01 UK

Barclays' head 'could get 18m'

Business Secretary Lord Mandelson has personally attacked the president of Barclays, Bob Diamond, in an interview in The Times, describing Mr Diamond as the "unacceptable face" of banking for taking a £63m salary.

Barclays has reacted to the comments, stating that Mr Diamond's salary is £250,000.

Business editor Robert Peston explains the pay system for top business leaders and bankers.


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