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Britain says it won't support banker bonus cap

The British Treasury chief said that his country does not support the proposed European legislation on bankers' bonuses cap.
George osborne, said on Tuesday in Brussels eu finance ministers' meeting in England, is the world's largest one of the financial industry to further negotiation.
Most European countries to support legislation that would impose restrictions on a year of basic salary and bonus two times, if most of the bank's shareholders agree. It can be through the specific mostly through, without the consent of the British.
Germany's finance minister Wolfgang · ShuoYiBuLe said: "it will be better" reach a consensus.
He said, hope in the technical details of the changes may also persuade British support measures, this is the financial law, require Banks to strengthen capital buffer, a broader part of package.



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