Osborne should have done more to fight EU's cap on bonuses

EDITOR'S LETTER

THIS should be a time for pale celebrations in a City: a FTSE is during a five-year high; a Dow has usually crushed all prior records; and it looks as if a UK economy competence have eked out a little bit of expansion in a initial quarter.

Yet a mood is understandably dispirited this morning. George Osborne has been left definitely degraded in Brussels, with a flustered British supervision surrender that there will now be a reward cap, in a biggest division in a right of employees and employers to willingly negotiate compensate given a catastrophic cost and salary controls of a 1970s. I'm not and have never been a banker, can usually dream of a reward value 200 per cent of my bottom compensate (the new maximum, from

Read full article: http://www.rttnews.com/1982019/meningitis-outbreak-linked-to-steroid-shots-escalates-infects-170-kills-14.aspx?type=fdr

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Source:
http://www.news.ezonearticle.com/2013/03/05/osborne-should-have-done-more-to-fight-eus-cap-on-bonuses/