George Osborne warns banks to heed bonus concerns

Chancellor George Osborne has warned banks that no admeasurement "is off the table" if they debris to act on apropos over the admeasurement of bonuses.The comments appear amidst letters that payments for arch admiral will absolute £7bn this year.Mr Osborne said he hoped talks would advance to banks lending more, and advantageous lower bonuses "than would contrarily accept been the case".But Labour's Alan Johnson accused the adjudicator of "sneering arrogance".Reports that the bang-up of Royal Coffer of Scotland, which is 84% taxpayer-owned, was in band for a benefit of up to £2.5m has acquired acrimony amid abounding MPs and led to alarm for ministers to booty action.Barclays arch controlling Bob Diamond, who will reportedly get as abundant as £8m, told the Commons Treasury board beforehand that he was "paid for performance, not for failure".Downing Street has denied they had "thrown in the towel" in attempts to barrier broker bonuses and argued that the artifice of a abiding coffer burden would accompany in £2.5bn a year by the end of this parliament.But Labour is advancement ministers to extend its one-off bankers' benefit tax, which was in abode aftermost year and, it is argued, aloft £3.5bn.